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Digital Wallets Explained 👉 Discover how digital wallets like Apple Pay and Google Wallet process your payments securely, step-by-step. Learn about encryption, tokenization, NFC, and biometrics that keep your personal and financial info safe while you pay with your phone—in stores and online!

00:00 🔹 What Are Digital Wallets?
00:27 🔹 How Payment Information Is Stored
00:53 🔹 Making a Payment in Store
01:19 🔹 How Payments Are Processed Securely
01:44 🔹 The Role of Encryption and Biometrics

🏷️ digital wallets, mobile payments, Apple Pay, Google Wallet, how payments work, NFC explained, secure payments, biometric security, encryption, contactless payments, fintech, payment processing

📌 Financial Technology (FinTech) Mechanics 🔸 Digital Payments and Transfers 🔸 How Digital Wallets Process Payments: Step-by-Step Explained