How digital wallets are powering the experience economy
Learn how digital wallets like Skrill let you store money in one place and pay for tickets, food, betting, and more across the experiences you love.
Overview: From concerts to major sporting events, a digital wallet lets you store your money in one place and pay for every part of the experience, and this article explains how it works and why Skrill makes it simple.
More and more, people are choosing to spend on moments rather than things. A concert, a festival, a weekend away, or a major sporting event now carries the kind of value that a new purchase once did. This shift has a name, the experience economy, and it is reshaping how and where people pay. Digital wallets have become central to it because they match the way these moments unfold, letting people pay quickly and securely from one place across every step of an experience. That convenience is why they now account for more than half of all global e-commerce value.
One account for every payment
So what is a digital wallet, exactly? At its simplest, it is a single account that stores your money and payment details in one secure place, so you can pay online without entering your card information each time. Think of it as your everyday money, ready to move whenever you need it. You add funds with a card or bank transfer, then use that balance to pay, send money, or withdraw, all from one app.
The appeal comes down to three things: speed, security, and control. Payments go through in seconds, your financial details remain hidden from the merchant, and everything is in one place you can manage from your phone. That combination explains why adoption keeps climbing. Around 4.5 billion people used a digital wallet in 2025, a figure expected to reach roughly 5.2 billion this year.
Payments that are ready for every moment
Digital wallets now handle around a third of all point-of-sale transactions worldwide, more than any other payment type. The reason becomes clear the moment a single event has many things to pay for. Take a major sporting final. Weeks before, you book the ticket online. On the day, you tap to pay for travel, buy food and drinks around the venue, and maybe add the extras that make it feel special. Each of those used to mean a different card, app, or queue. With a digital wallet, they all draw from the same balance, in one place you control.
That is the shift happening across live entertainment, from concerts and festivals to match days. People want to move through an experience without stopping to dig out a card or re-enter details, and a single wallet is what makes that possible.
Built for the pace of iGaming
Sports betting and casino gaming are among the most popular ways people spend on the experiences they enjoy, and they are also where payment methods face the highest demands. Players expect to fund an account instantly, access winnings without delay, and keep their gaming balance separate from everyday money. Digital wallets are built for exactly this. They enable deposits and withdrawals in seconds, provide clear oversight of spending, and eliminate the need to share card details with each platform.
Speed and control matter because friction pushes players away. When payouts are slow or a preferred method is unavailable, the experience suffers. A wallet keeps funds moving smoothly, which is why it has become a favored option in online gaming.
Skrill is made for the experience economy
Everything that makes a digital wallet valuable across the experience economy comes together in Skrill. Built by Paysafe, it lets people store their money in one place and use it wherever they want, whether that is booking a ticket, paying at a venue, or spending on the gaming and entertainment they enjoy. Funds move instantly, payment details stay secure, and everything is managed in a single app.
That flexibility is the point. Skrill is designed for a world where spending follows experiences rather than things, giving people one reliable way to pay across events, borders, and platforms. Backed by Paysafe's global reach and payments expertise, it turns the promise of a single wallet into something people can use every day, for the moments that matter most.
Ready to pay for everything you love?
The next concert, match, or weekend away is closer than you think, and Skrill is ready for all of it. Store your money in one place, pay in seconds wherever you go, and spend on the experiences that matter most, all from a single wallet.
Sign up for Skrill today and carry one wallet for everything you love.
FAQs
What is a digital wallet?
A digital wallet is a single account that stores your money and payment details in one secure place, letting you pay online without re-entering your card information each time. You add funds by card or bank transfer, then use that balance to pay, send money, or withdraw.
Can I use one wallet to pay for tickets, food, and more at the same event?
Yes. A digital wallet lets you cover every part of an experience, from booking a ticket to paying at the venue, all from the same balance in one place.
Is a digital wallet a good option for casino and iGaming?
It is, because a wallet supports instant deposits and fast withdrawals while keeping your gaming funds separate from everyday spending. That speed and control make it well suited for online betting and casino play.
