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The Increasing use of internet network all over the world coupled with advancements in this
network such as 3G and 4G are the major factors driving the global mobile wallet market.
Mobile wallet, also termed as electronic wallet, provides the reliability to the consumers to make
payments and purchases electronically. Generally, mobile wallets provide the storage of
credentials through cloud or on device, which can be later used to make payments. The
electronic mobile wallet also provides the integration of coupons, cards and multiple tickets
which reduces the hassle of keeping multiple cards. The rapidly increasing usage of smart