E Wallet
E Wallet
E Wallet
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What is E -Wallet ?
• An Electronic Wallet is any device or
software which allows a user to store,
manipulate, and pay with various types of
payment instruments such as electronic cash
and credit cards. They make it unnecessary
to retype credit card numbers and addresses
each time a purchase is made.
• Most E-Wallets are software programs that
run on a user’s personal computer.
• Soon they will be integrated into a variety of
devices, such as cell phones and PDAs.
Definition of E- Wallet
Hold credit card numbers, electronic cash, owner
identification, and contact information.
Electronic
Wallet
How it works ?
• This assumes that the cell phone owner secures his digital wallet with a good
password. This chip will ensure that thieves are unable to access the digital
wallet embedded in the stolen phone. Biometric scanners could also be
integrated into cell phones and used for quick and easy authentication.
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How it is Being Used Right Now in India After
Demonetization of Money?
Paytm
Paytm is a Payment Gateway to facilitate Indian e-
commerce platform.
Launched-2010.
Owned by One97 communications.
The company is headquartered in Noida.
Paytm entered India's e-commerce market in 2014.
Focuses on mobile and DTH recharge.
It gradually provided recharging and bill payment of
various portals including electricity bills, gas bills, as
well as telephone bills.
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Mobikwik Wallet
Mobikwik is India’s most convenient mobile wallet & online
payment system for shopping, mobile recharge, DTH recharge,
money transfer & bill payment.
Bipin Preet Singh, Upasana Taku is founder of Mobikwik.
launched in 2009.
25 million users across country already bestow their trust on us.
Company’s Head Quarter in Gurgaon.
Parent one Mobikwik system private limited.
Use Mobikwik for cashless, hassel-free experience while
Shopping, Dining, Travelling & a lot more!
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SBI Buddy
Free Charge
Free Charge is a e- commerce web site.
Launched on August 2010.
Founder kunal shah
Head Quarter in Mumbai.
Present owner Snapdeal
Paytm
Freecharge
% (time spent by
user[mins/month])
Mobikwik
My Airtel
Oxigen Wallet
My Vodafone
pocket By ICICI
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Another Example of E- Wallet
• Android Pay
• Paypal
•Paytm
• Freechagre
• Apple Pay
• BitcoinWallets
• ecoPayz
• Digital currency
• Google Wallet
• Lemon Wallet
• MasterPass
• Mondex
• nTrust
• Samsung Pay
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Salient feature
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