How secure are Digital Wallets? This is a question that naturally comes to mind as DWs are all about money. Since DWs usually have mobile apps, what happens if the mobile device is lost or stolen? DW may have an amount balance in its pre-paid account, it may have links to digital forms of credit / debit cards, it may have access to one or more of the bank accounts of the account holder, or a combination of all of these. In short, it has access to all the liquid funds the account holder possesses. Hence, the security of DWs needs to be top-notch.