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Mobilepayment has become a new trend of paying nowadays and is quickly becoming an important part of lifestyle. Due to wide spread internet access by people and e-commerce usage by traders, mobile payment has seen a massive growth in recent years. Young people have been the majority payers through mobile and thus this study finds out the satisfaction of college students towards mobile wallet. This particular paper attempted to find out whether there is any relationship between preference of mobile wallet and gender. The study was undertaken among the college students of Tirunelveli District. In this study the data was collected from 120 respondentsthrough a structured questionnaire. Through this study researchers found that, M-wallet users give very high level of importance to attributes like security, privacy concerns and pricing (Fees).