What is an electronic wallet? how to use?

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What is an electronic wallet? How to handle and use?
I is talking about bus cards

2 thoughts on “What is an electronic wallet? how to use?”

  1. Donald

    Electronic wallets are a payment tool commonly used by online shopping customers in e -commerce activities. It is a new wallet often used in small shopping or purchasing small products. Recent At present, my country is also developing and developing electronic wallet service systems.

    1. The main function of the electronic wallet

    (1) Personal data management
    After consumer successfully applied for a wallet, the system will open an electronic wallet server for it. Personal electronic wallet files, consumers can add, modify and delete personal data in this file.

    (2) Online payment

    In consumer selection of goods online, log in to the electronic wallet, select the online bank card, and issue a payment instruction to the "Financial Union" payment gateway. Pay.

    (3) Inquiry of transaction records

    The consumer can inquire about all historical transaction records to complete the payment through the "Financial Union" electronic wallet.

    (4) The bank card balance query

    The consumer can query the personal bank card balance through the "Financial Union" electronic wallet.

    (5) Merchant site link
    "Financial Union" electronic wallets have many merchant sites links. Users can directly log in to the merchant site to shop through the link.

    2. Features of electronic wallets

    Safety: Personal data of electronic wallet users is stored on the server side, ensuring security through technical means, not store any personal information on personal computers , Thereby avoiding the danger of data leakage.

    The itself: After the consumer applies for the success, it has its own file on the server side. When traveling or official duties, you don't need to carry electronic wallet information with you to perform online payment.

    The convenience: There are many merchant sites in the electronic wallet, and consumers can directly enter the merchant site to shop through the link.

    Quickly processing through electronic wallets, complete the normal processing of a payment instruction, only 10-20 seconds (depending on the network and communication).

    3. The network payment mode of the electronic wallet:

    (1) The so -called network payment model of the so -called electronic wallet is the customer used the electronic wallet as the carrier during the electronic business process to choose it to store it. Electronic currencies, such as credit cards, electronic cash, etc., realize real -time, secure and reliable online payment forms on the Internet platform.

    (2) The network payment process of electronic wallets:
    1. Preparation 2. Preparation work 4. Customers use computers to connect to the merchant website through Internet, such as IGO5 to find the purchased items purchased Essence 5. After the customer checks and confirms his shopping list, use electronic wallets to pay online (actually select the corresponding credit card, such as the Great Wall debit card). 6. If the card is confirmed and is rejected and is not authorized, it means that the card is not enough or without money, and the card can be paid again. 7. After the card issuing bank confirms that the card is effective and authorized, the background network platform transferred the capital to the fund account of the merchant's receipt bank, completed the settlement, and responded to merchants and customers. 8. Merchants are shipped according to order. At the same time, the merchant or bank server records the financial and item data that occurs during the entire process for customer electronic wallet management software.

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