E wallet by amin
Download as PPT, PDF1 like328 views
The document discusses e-wallets, which allow users to store payment information like credit cards and bank accounts in a secure online environment. E-wallets can be used to send money to others via cell phone numbers and make payments without re-entering account details. Smart card technology powers e-wallets, using microprocessor chips to serve multiple applications. E-wallets offer advantages like convenience and control over payments, but also have disadvantages like potential for easy duplication and limited lifetime. The document provides an overview of e-wallets and their uses, features, payment methods, advantages, and applications.
E wallet by amin
- 1. E-Wallet By Mr. Aminkhan Pathan (M.Tech CSE, BE IT) Lecturer, MGM`s Polytechnic, Aurangabad 2/15/2017 1
- 2. Contents What is E-Wallet? Uses Silent features Smart card technology Payment methods overview Advantages & disadvantages Application 2/15/2017 2
- 4. EWallet allows customers to send money to anyone with a valid cell number on any network. E-Wallet allows you to store multiple credit card and bank account numbers in a secure environment, and eliminate the need to enter in account information when making your payment. 2/15/2017 4
- 5. Use of e-money. Secure e-money transaction. Cash in process. Cash out processes. Financial information on user. 2/15/2017 5
- 6. More than 40 years of data retention Firewall encrypted security logic Compatible with many supporting hardware. No separate card reader is required to access our card Polarity reversal indicator is pre-built in our card. Reusability of our card is unlimited. Multiple card features are incorporated in the same card. External complexities are less 2/15/2017 6
- 7. MICROPROCESSOR OR MEMORY CHIP HAS THE PROCESSING POWER TO SERVE MANY DIFFERENT APPLICATIONS 2/15/2017 7
- 8. 2/15/2017 8
- 9. 2/15/2017 9
- 10. Ease of use Accessibility and convenience Safety and control Low cost 2/15/2017 10
- 11. Easy duplication No memory to hold the current balance Limited lifetime Limited acceptance 2/15/2017 11
- 13. 13 2/15/2017