The document describes Webteh eWallet, which allows users to make online payments and money transfers using only an email address or phone number. The eWallet can be linked to cards and bank accounts for online and in-store payments. It offers security features like encryption of card details to PCI DSS Level 1 standards and two-factor authentication of transactions. The eWallet also provides payment solutions for merchants to increase sales and offers currency exchange and prepaid card services for users.