electronic wallet

Electronic wallets are commonly used payment tools in e-commerce shopping activities. Electronic money stored in an electronic wallet, such as electronic cash, electronic change, electronic credit card, etc. Shop with Wallet. Usually it needs to be done in the e-wallet service system. Software for e-wallets in e-commerce activities is usually provided free of charge.

Electronic wallet is a link in Secure Electronic Transaction (SET), which is a piece of computer software used to allow consumers to conduct electronic transactions and store transaction records. Before consumers can conduct secure electronic transactions on the Internet, they must first install an electronic wallet that meets security standards.

There are two concepts of electronic wallets: one is pure software, which is mainly used for online consumption and account management. Such software is usually connected with bank accounts or bank card accounts. The second is the smart stored-value card for micropayment. The cardholder deposits a certain amount in the card in advance, and the transaction amount is directly deducted from the stored-value account during the transaction.

Customers who use e-wallets usually have to open an account with the relevant bank. When using the electronic wallet, install the electronic wallet on the e-commerce server through the relevant electronic wallet application software, and use the electronic wallet service system to input the data on various electronic currencies or electronic financial cards.

Electronic wallet is an electronic payment tool commonly used by online shopping customers in e-commerce activities. It is a new type of wallet commonly used when shopping for small amounts or purchasing small commodities. Electronic wallet has always been a hot topic in e-commerce activities in countries all over the world, and it is also an important tool to realize global electronic transactions and Internet transactions. Many countries in the world are establishing electronic wallet systems to replace the mode of cash transactions. At present, my country E-wallet service system is also being developed and developed.