 FDI: FDI stands for "Foreign Direct Investment.

" It refers to the investment made by a company

or an individual in one country into a business located in another country. FDI can be made in
various forms, such as building new facilities, acquiring existing companies, or reinvesting profits
earned from overseas operations.
 NFC: NFC stands for "Near Field Communication." It is a short-range wireless communication
technology that allows devices to establish a connection by simply bringing them close together.
NFC is commonly used for contactless payments, ticketing, and access control systems.
 DRM: DRM stands for "Digital Rights Management." It is a set of technologies and methods used
to protect digital content from being illegally copied, distributed, or modified. DRM can be
applied to various forms of digital media, such as music, movies, e-books, and software.

Ex.7

The product being discussed in the telephone conversation is an e-wallet system. It solves the problem
of slow and complicated e-commerce systems by allowing customers to type in their information once,
including their credit card details, and then use a password to make purchases on any website that
integrates the e-wallet system. This makes online shopping faster and more convenient for customers,
resulting in more completed transactions. Additionally, the e-wallet system can be used in physical
stores by using mobile phones and NFC technology to record payments electronically, eliminating the
need for paper and making the payment process simpler for both customers and accounting staff.

Ex.8

An e-wallet, also known as a digital wallet, is a software-based system that securely stores a user's
payment information and passwords for multiple payment methods, including credit cards, debit cards,
and bank accounts. It allows users to make purchases online, in-store, or in-app without the need to
repeatedly enter their payment and shipping information for each transaction. E-wallets also provide a
convenient way to manage loyalty and reward programs, store digital coupons and tickets, and transfer
funds to other users. They typically use encryption and secure login credentials to protect users'
personal and financial information.