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5 Things to Know About Digital Wallets

With the holiday shopping season in full swing, there are signs that mobile devices have become a force driving the e-commerce market, changing how people go about paying for goods, not only online but in traditional retail stores as well.

Evidence of that can be found in recent data from IBM Corp. IBM, which showed that mobile devices accounted for 16.3% of all U.S. online sales on Black Friday, up from 9.6% on the same day a year ago.

IBM also said that on Cyber Monday, mobile devices were responsible for almost 13% of all purchases online, nearly double that on the same day in 2011.

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