2. A eWallet is any device or software which allows a
user to store money, personal information & other data
for use in online transactions.
3. For frequent online shoppers, it becomes a hassle to
fill out order forms with the same information for every item
they purchase. it unnecessary to retype credit card numbers
& addresses each time. It would be nice if this information
could be handled automatically.
The main objective of e-Wallet is to make paperless
Money transaction easier
4. ADVANTAGES :
Ease of Mobility
Ease of use
DISADVANTAGES :
Easy duplication
No memory to hold the current balance
Limited lifetime
Limited acceptance
5. There are many different companies offering E-Wallets.
Although each one is a little different, they all perform the
same basic tasks. Some of them are
Google e-wallet
Qpass
Illium software
Card one plus
6. All ID information in one location
Current balance can be stored and read
Universal access
Cannot be duplicate
Works with all scan types (Barcode, RFID, Strip)
More than 40 years of data retention
Firewall encrypted security logic
No separate card reader is required to access eWallet
7. Windows Pc running Windows 8
Windows 7, Windows XP
Apple iphone, ipod & ipod touch with
OS version 3.0 & higher
Blackberry OS version 4.2
Windows phone
Anroid phone
8. The main technology used for the digital wallet is
Near Field Communication (NFC). It allows, with a simple
“tap” of the device onto a reader, to exchange data between
the two device.
The device contains some information that will be
validated by the reader. Most devices with NFC technology
and with the correct applications can be used for this
purpose.
9.
10. Google Wallet for its
transactions, allows customers
to purchase items from apples
to zoo tickets at brick and
mortar stores by using an
Android app.
11. It’s a free app for Android phones
Free coupons are available from several sites
Prepaid offers are also available from Google Offers Hub
Both savings and checkout are easier
and faster
Designed to work with all retailers,
networks, & banks
12. Osaifu -Keitaiis one of the most known e-Wallet in the world. In Japan,
mobile phones are used to pay for fares or for other electronic cash
transactions and as an identity card.
Google launched the Google Wallet application with its Nexus S 4G.
In France, the Cityzi service is used in electronic cash transactions
One of the most “complete” e-Wallet services applied nationwide is
Malaysia’s “MyKad”, where the system is compulsory for everyone,
being used as the national ID format.
