The Rise of Digital Wallets

E-wallets are giving banks a run for their money as Americans make their finances mobile.

A recent survey found that an estimated 110 million Americans have used a digital wallet at some point in their lives. Reflecting a rise in e-wallet popularity, that’s 3.5 million more people than just two years ago who said they used an e-wallet with Facebook Messenger, Google Wallet, Venmo and similar services.

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