brief description about digital wallet

1. Digital Wallet
By, Vaishnavi

2. What is Digital Wallet
 A digital wallet refers to an electronic device that allows
an individual to make the electronic payments on
commercial transactions.
 Purchasing products from online carts by using your
phone or computers.
 A e-wallet is any device or software which allows the
user to store money, personal information and other
data which is require to perform an online transaction.
 It is also called as Physical Digital Wallet.

3. Features
 Provides Information
 Current balance can be read and stored.
 Universal access
 No duplication
 Works with all types of scanners
 Data retention
 Firewall encrypted security login
 No separate card reader required

4. Pros
 Easy Online shopping
 Saves time
 Information Handled automatically
 Paper less transaction

5. Corns
 Privacy
 Hacking

6. Technology
 Near Field Communication (NFC)
 One tap
 Exchange of data
 Devices having NFC technology and supporting
application can use the digital wallet.

7. Process

8. Choose your wallet
 Google Wallet
 Apple Passbook
 Lemon Wallet
 Square Wallet
 Bit Coins
 Skrill
 Pay pal

9. Supporting Platforms
 Windows
 Apple Devices
 Blackberry
 Android Phone
 Widows Phone