DIGITIZING OUR WALLETS Digital Wallets for E-Commerce Development.

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Presentation transcript:

DIGITIZING OUR WALLETS Digital Wallets for E-Commerce Development

E-Commerce – Multiple Uses Shopping On The Internet Trading Over The Internet Services Products Goods Needs Electronic Fund Transfers Online Electronic Data Interchange Automated Data Collections & Processing

New Buzz Words E-commerce Internet Desktops & Personal Computers M-ecommerce Mobile Devices Me-commerce Transaction Based Sites

A Digital Wallet Placeholder For Online Currency Keeps Account Information Discrete Accessed From Laptops PCs Mobiles Smart Watches

DIGITAL WALLET The Advantages

Assured Safety & Privacy Linked Account Or Card Details Remain Hidden Safe Transfers Uses Security Layers Password Voice Other Biometrics

Simple & Convenient to Use No OTPs, making it hassle-free Saves Time Feed Information Once Saved For Later Transactions

Discounts and Loyalty Store And Integrate Details Related To Discounts, Offers, Loyalty Points And Schemes No Need To Separately Look For Discounts User Avails Maximum Benefits From Purchase

Payments – Easy Set Up, Limited Sharing Adhere To The Native Countries Tax Norms And Laws Once Information Given Access From Ids Any Other Identity Linked

Contemporary Electronic Commerce Uses Electronic Commerce Modeling Language Standardizes Checkout Forms Assures Accuracy & Security

Digital Wallet Vs Mobile Wallet Digital Wallets Mobile Wallets A super set of all electronic wallets A concept conceived when the smart phones were not in vogue Are linked to a phone via an app Rely on Digital Wallets to create an interface with the service providers

DIGITAL WALLET The Pioneers

PayPal Founded in December 1998 Association with eBay 184 million users

Paytm – Pay through Mobile Founded In 2010 By One97 Communications Prepaid Recharges And Shopping Patronized By Mr Ratan Tata And Alibaba 25 Million Users

EcoPayz Based In UK, In 2000 As EcoCard iPhone App In 2009 Multilingual Support To Facilitate Transactions EcoPayz Business Account Solution In 2011 Quick And Effective Means Of Paying Salaries And Expenses

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