There are many different things you can put patches on. Basically, any item that is made out of canvas material or leather can be decorated with patches, although smaller items present more of a challenge. Adding a fun patch to your wallet, for example, can be difficult for several reasons. However, it can be a fun way of personalizing something that most people don't think to personalize.
The biggest challenge with putting a patch on a wallet is, of course, finding a patch that is fairly small. Many standard folding wallets are about four inches by four inches when folded in half. That's also about the size of the largest section of a tri-fold wallet. This means you'll need a patch smaller than four by four. It can be difficult to find these small patches since many are about four inches at best, and you may not want the patch going all the way to the edge. However, there are some patches out there that are this small.
If you're going to sew the patch onto a leather wallet, you definitely don't want it to go all the way across the patch. This is because it would be very difficult to sew the patch onto the wallet through any stitching that is already present. It's also difficult to sew on the areas that fold over. Ironing a patch onto a wallet is easier, but you obviously can't do that with leather.
Remember that a patch is going to make your wallet a little bit thicker, so it will sit differently in your pocket. However, it will look so cool and unique that you probably won't mind if it's a bit thicker than it was before. Personalizing your wallet with motorcycle patches isn't something that many people do, so be unique!