1. A Presentation On
Electronic Wallet
Presented By:-Group C

2. Objectives
 Definition
 Types of electronic wallet
 Advantages and Disadvantages
 Microsoft .NET Passport
 Yahoo wallet
 W3C Micropayment Standards Development Activity
 The ECML Standard

3. Definition
 Hold credit card numbers, electronic cash, owner
identification, and contact information.
 Give consumers the benefit of entering their information just
once.
 Make shopping more efficient.
 A digital wallet (also known as an e-wallet) allows users to
make electronic commerce transactions quickly and securely.

4. Types Of Electronic Wallet
Electronic
wallet
Client Side Server Side
electronic wallet electronic wallet

5. Types Of Electronic Wallet
Server Side Electronic Wallet
 A server side electronic wallet stores a customer information
on the remote server belonging to a particular merchant or
wallet publisher
Client Side Electronic Wallet
 A client side electronic wallet stores customer information on
his/her own computer.
 Many of the early electronic wallet were client side wallet that
require users to download the wallet software.

6. Advantages and Disadvantages
Advantages
 The e-wallet makes online shopping easier because it fills in
the fields in an online order form automatically, saving you the
trouble of doing it yourself.
 This is also a great advantage for online merchants, because
customers sometimes abandon online purchases if they feel
that the order form is too confusing or frustrating.
 The e-wallet can overcome this phenomenon by automating
the completion process.

7. Advantages and Disadvantages
Disadvantages
 If you try to use the e-wallet with an online order form whose
blank fields are in a different order from those in your e-
wallet, or if the form has fields that the e-wallet does not
recognize, the form may be left incomplete or be completed
incorrectly.
 This would force you to erase all the fields and enter your
personal information manually, defeating the purpose of the e-
wallet.

8. Microsoft .NET Passport
 An electronic wallet operated by Microsoft
 Passport consists of four integrated services:
 Passport single sign-in service (SSI)
 Passport Wallet service
 Kids Passport service
 Public profiles

9. Yahoo wallet
 Server side electronic wallet offered by Yahoo!
 Lets users store information about several major credit and
charge cards
 Many industry observers and privacy rights activist groups are
concerned about electronic wallets

10. W3C Micropayment Standards
Development Activity
 Common Markup for Micropayment Per-Fee-Links
 Standards developed by W3C Electronic Commerce
Interest Group (ECIG)
 Provide extensible and interoperable way to embed
micropayment information in a Web page
 Extensible system
 One that developers can add to (or extend) without voiding
any earlier work on the system

11. The ECML Standard
 Electronic Commerce Modeling Language is a protocol that
dictates how online retailers structure and setup their
checkout forms
 Proposed alternative standard that would replace electronic
wallet standards with a single standard

12. Thank You