The ‘wallet’ is a term used for the application on the phone that the customer sees and uses to manage and present credentials.  Some issuers offer a dedicated mobile payment app which is represented by its own icon on the smartphone. Full mobile wallets such as SureTap™ and UGO™ can manage and present different types of credentials from multiple issuers, including not just credit and debit but, loyalty, gift and, identity ‘cards’ as well.