See also: E-Wallet

CIMM DEFINITION: The electronic equivalent of a wallet for e-commerce transactions. Also called an “e-wallet,” it holds credit card data and passwords for logging into Web sites. The wallet data may reside in the user’s machine or on the servers of the wallet service. When stored in the client machine, the wallet may use a digital certificate that identifies the authorized card holder. Windows Live ID, Yahoo! Wallet and Gator’s eWallet are examples of digital wallets. (Source: www.pcmag.com)