Why You Need a Digital Wallet

Accept Secure Payments from Anywhere

Some day, carrying a physical wallet filled with our credit cards will be a thing of the past. It turns out that day may be coming sooner than we think. Digital wallets are already becoming a critical part of how transactions are made around the globe. More people than ever are storing their payment information, making money transfers, and accepting payments through their digital wallets. The question you may be asking now is: Do I need one?

What’s a Digital Wallet?

A digital wallet is a software or application that stores your payment information securely and enables transactions between individuals or corporations for services provided. Information like your credit cards, debit cards, gift cards, flight tickets, or event tickets is standard features of a digital wallet, meant to replace the need for carrying those items around in physical form. You can store a digital wallet on your phone, personal computer, or physical device.

There are many different types of digital wallets available, offering slightly different services. Most frequently, digital wallets are stored in mobile apps on smartphones to allow for convenient purchases on the go with just your phone. Apple Pay, Google Wallet, and Samsung Pay are just a few popular examples of mobile digital wallets. Other digital wallets, like PayPal or Cash App, don’t offer mobile in-store payments but instead focus on providing secure online transactions and peer-to-peer money transfers.

Why Use a Digital Wallet?

Why You Need a Digital Wallet

There are many exciting benefits to switching to digital:


Digital wallets are generally much more secure than physical wallets. The information they contain is heavily encrypted, meaning your actual card and account numbers aren’t stored on your device. If someone were to steal your phone or laptop, they’d have a challenging time accessing the information in your digital wallet.


A digital wallet enables you to make purchases easily and swiftly at any retailer that offers near-field communications technology. You no longer need to carry a physical wallet with you everywhere you go. The same applies to making online purchases—no need to search your house for your wallet when your information is already accessible right from your computer or phone.

Friendly Transactions

A digital wallet provides a secure platform for transferring money to or from your friends and family.

Accept Payments from Anywhere

Finally, digital wallets make it easy to accept secure payments for work you’ve provided, no matter where you are in the world. They don’t require a bank account and can handle digital currencies (cryptocurrencies), so individuals previously lacking financial access to the global economy can now readily participate.

How Appen Pays Our Contributors

For Appen, we partner with the right payment providers to offer our global contributors a seamless payment experience. We integrate with several digital wallet providers that have passed our rigorous security vetting and provide an easy-to-use customer experience. At the end of every month, we process contributor invoices through these providers to deliver secure, timely payments.

As part of our commitment to flexible, secure payment systems, we are proud to partner in Celo’s Alliance for Prosperity. The Alliance is made up of over 100 global organizations and is dedicated to improving the transparency and efficiency around transferring digital currency. The ultimate goal is to create accessible systems for people who would benefit most from greater inclusion in the global economy.

We look forward to working with our partners to provide you with secure, prompt payments contributors.

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