eWallet

eWallet is a digital alternative for storing money, debit, and credit cards to use them for payments for products and services with a single click on a mobile or computer device. It provides security for your money against theft by pickpockets. It also saves people from the hassle of carrying physical wallets heaped with piles of cards and currency notes.

Advanced technologies are utilized by e-wallets to facilitate secure data transmission. Some commonly used technologies include NFC (Near-Field Communication) and Encryption mechanisms. These techniques allow users to execute transactions from their mobile to the receiver’s account with a single click.