It depends on how you feel about tracking: Folio: Digital Wallet App declares data used to track you. The sensitive items are user content. In total the label lists 4 data types; 25% of digital wallets we checked declare tracking.
Folio: Digital Wallet App privacy in one look
- 1Collects nothing
- 2Not linked
- 3Linked
- 4Tracks you
Built only from the developer's App Store label. It describes disclosure, not tested behaviour.
Folio: Digital Wallet App's developer reports using identifiers to track you across other companies' apps and websites.
Did Folio: Digital Wallet App ask for something?
Pick the permission prompt you saw. We compare it with what Folio: Digital Wallet App's developer declared.
Location is not on Folio: Digital Wallet App's label. That can be fine: data used only on your iPhone does not have to be declared. If the data would need to leave the phone for the feature to work, ask why it is missing.
Folio: Digital Wallet App lists User Content on its label, linked to you. Choose Limited Access and pick only the photos you want to share.
Contacts is not on Folio: Digital Wallet App's label. That can be fine: data used only on your iPhone does not have to be declared. If the data would need to leave the phone for the feature to work, ask why it is missing.
Folio: Digital Wallet App declares data used to track you, so expect the “Allow to track?” prompt. Tap Ask App Not to Track; the app must keep working without it.
Health & Fitness is not on Folio: Digital Wallet App's label. That can be fine: data used only on your iPhone does not have to be declared. If the data would need to leave the phone for the feature to work, ask why it is missing.
A permission is what the app can reach on your iPhone; the label is what the developer says leaves it. They answer different questions.
What Folio: Digital Wallet App collects, explained
| Data type | What it covers | Where to limit it |
|---|---|---|
| User ContentSensitiveLinked to you | Messages, photos, videos, audio recordings, documents and support chats you create or upload. | Settings › Privacy & Security › Photos: choose Limited Access or None; review Microphone and Files access too. |
| IdentifiersUsed to track youNot linked to you | An account ID, screen name, customer number or a device-level ID such as the advertising identifier. | Settings › Privacy & Security › Tracking: turn off Allow Apps to Request to Track, or tap Ask App Not to Track when prompted. |
| Usage DataNot linked to you | What you tap, open and view inside the app, plus which ads you have seen. | There is no single iOS switch. Look for an analytics or personalised-ads toggle in the app's own settings. |
| DiagnosticsNot linked to you | Crash logs, launch times, hang rates and energy use. | Settings › Privacy & Security › Analytics & Improvements › Share With App Developers controls what Apple passes on; the app's own crash reporting is separate. |
What Folio: Digital Wallet App's label means for you
Folio: Digital Wallet App's label has 1 type under “Data Used to Track You”, 1 type under “Data Linked to You”, 3 types under “Data Not Linked to You”. A data type can appear in more than one section when it is used for different purposes — for example, identifiers used for both analytics and advertising.
Tracking is the declaration that most separates apps. It means identifiers from Folio: Digital Wallet App can be combined with data from other companies to target or measure ads, or shared with data brokers. On iOS 14.5 and later, the app must ask your permission before tracking you through the advertising identifier; answering “Ask App Not to Track” blocks that identifier and tells the developer you have declined.
The items that deserve the most attention are user content. This is the content you actually care about. Where it is stored, who can read it and how it is backed up matters more than any other line on the label.
Wallet apps hold payment details, passes or crypto keys. Financial data on the label is expected; tracking alongside it is the thing to compare. Back up recovery phrases offline for crypto wallets, and use Apple Pay where a card wallet is optional.
Among the 173 digital wallets in our snapshot with a label, 25% declare tracking, 55% collect data linked to you and 28% say they collect nothing. Folio: Digital Wallet App lists 4 data types, about the same as the average of 3.3 for this group.
Productivity apps tend to collect the work you do in them — documents, notes and files — so User Content is common. The question is whether it syncs to the developer's servers and how it is protected there.
Settings to check for Folio: Digital Wallet App
- 1
Tracking
Settings › Privacy & Security › Tracking. If “Allow Apps to Request to Track” is off, apps cannot ask, and they are told to treat you as having declined. You can also turn it off for this app alone.
- 2
Photos
Settings › Privacy & Security › Photos. Limited Access lets you pick exactly which pictures the app can see; Add Photos Only lets it save without reading your library.
- 3
Lock the app
On iOS 18 and later, touch and hold the icon and choose Require Face ID. Anyone who picks up your unlocked phone then needs your face, fingerprint or passcode to open it.
- 4
Notifications
Settings › Notifications › Folio: Digital Wallet App › Show Previews: When Unlocked keeps message and account details off the Lock Screen.
Does Folio: Digital Wallet App track you?
Identifiers. Apple defines tracking as linking data from this app with data from other companies' apps, websites or offline sources for targeted advertising or ad measurement, or sharing it with a data broker.
Does Folio: Digital Wallet App track you? Full answer and how to stop it →
Lock Folio: Digital Wallet App behind Face ID
- Find Folio: Digital Wallet App on your Home Screen or in App Library.
- Touch and hold the icon until the quick-actions menu opens.
- Tap Require Face ID (or Require Touch ID / Require Passcode, depending on your iPhone).
- Tap Require Face ID again to confirm. Folio: Digital Wallet App now asks for authentication every time it opens.
The lock is an iPhone feature, so it works whether or not Folio: Digital Wallet App has a passcode of its own. It does not change what the app sends to its developer.
Lock or hide Folio: Digital Wallet App: step-by-step guide →
About Folio: Digital Wallet App
| Developer | Folio Technologies Limited |
| App Store category | Productivity (also Utilities) |
| Latest version | 3.2.8, released June 2026 |
| First released | August 2017 |
| Requires | iOS 15.0 or later |
| Size | 228 MB |
| Age rating | 4+ |
| Languages | 7 (SQ, EN, FR, IT, JA, RU, ES) |
| Bundle ID | com.folioltd.app |
The current version shipped in June 2026. That is recent enough that the label should reflect current practices, but check the App Store page again before relying on it.
What the label cannot tell you
- A label is self-reported. Apple publishes the developer's answers and can reject apps that misrepresent them, but it does not independently verify what Folio: Digital Wallet App sends.
- It does not say where data is stored, how long it is kept, whether it is encrypted, or which companies receive it. The privacy policy covers those points.
- Optional data counts: if a feature lets you add something (a profile photo, a phone number), the type is listed even if you never use the feature.
- Data handled only on your iPhone is not 'collected', so a no-collection label is compatible with an app that reads your files locally.
- Third-party sign-in, payment processors and SDKs are supposed to be included, but a label can lag behind a new version.
The question to ask Folio: Digital Wallet App's developer: If I lose my phone, how do I lock or recover the wallet?
Folio: Digital Wallet App vs similar digital wallets
- Skrill
- Coinbase
- Digital Wallet Pro
- Apple Wallet
- Folio: Digital Wallet App (this app)
- MyCardWallet
- Wallet Digital Wallet Card
- Card Manager
Fewer types is not automatically safer: a cloud backup app has to collect your files to work. Compare like with like.
Look up any of our apps in seconds, or put two labels side by side.
Apps similar to Folio: Digital Wallet App
All digital wallets → Who tracks you? A–Z → Apps that collect user content → Privacy label decoder →
Your Folio: Digital Wallet App privacy checklist
Done. You have applied every control the label points to.
True or false?
- Right.Not quite.
True: it lists identifiers under Data Used to Track You.
- Right.Not quite.
Labels are self-reported by developers. Apple can reject or remove apps that misrepresent practices, but it does not audit each label.
- Right.Not quite.
True: User Content appears on its label.
- Right.Not quite.
It is collected and sent; the developer says it is de-identified rather than tied to your account or device.
- Right.Not quite.
Apple's rules require apps to work the same whether or not you allow tracking.