The primary use of digital wallets in finance is to store, manage, and transact money electronically. These wallets allow users to make payments, send money, and receive funds using their smartphones or computers, providing a convenient and secure alternative to traditional payment methods like cash or credit cards. Digital wallets often store additional information, such as loyalty cards and transaction histories, enhancing the user experience. By facilitating a seamless payment process, digital wallets contribute to the growth of ecommerce, supporting consumer demands for quick and efficient transactions.