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A wallet is a small, flat, and foldable case or pouch that's used to carry personal items like:Cash, Credit cards, Debit cards, Identification documents, Photographs, Transit passes, and Business cards. Wallets are usually made of leather or fabric and are often pocket-sized. They can have a variety of features, including:A money clipA coin purseA chain fastenerA strapA snapA reinA zipper Wallets can be used as a fashion accessory or to show off the owner's wealth, style, or social status. There are also specialized wallets for holding passports, wearable ID cards, and checkbooks. In addition to the traditional wallet, there are also digital wallets, which are software, electronic devices, or online services that allow people to make electronic transactions.