SEMINAR ON E-WALLET

VASIREDDY VENKATADRI INSTITUTE OF TECHNOLOGY

DEPARTMENT OF INFORMATION TECHNOLOGY

DONE BY:
                                                                     K.SRAVANI
                                                                     17BQ1A1276
 Introduction
• E-wallet is an online prepaid account where one can stock money
to be used when required.
• As it is a pre-loaded facility consumers can buy a range of
products from airline tickets to grocery without swiping a debit
or credit card.
How to use an E-wallet

Create a new
Sign in with Look for the
wallet for
your email id e-wallet option
yourself

When buying
Transfer money to the
something in the site,
account using online
use your e-wallet to
transfer ,or your debit
redeem as much cash
card/credit card
as required 
In case your balance in the e-
wallet falls short the balance
payment can be done using
traditional payment options
 What are the Benefits?
• The sites where e-wallet services are available generally have the following few
easy steps to get started.
• Ease of use without having to enter your debit/credit card details of every
online transaction.
• Instant cashless payments, no need to swipe a credit card or debit card.
• They also provide option for securely storing your Card details, thus providing
you additional security at the same time reducing you work to type in Credit or
Debit Card numbers each time you intend to transact online.
• For some sites there is no minimum amount and you can deposit it an amount
as low as Rs.10.
What does Mobile wallet has today?

• Big data, analytics included.

• Biometrics included.
• User can manage and operate credit, debit, transport, loyalty and gift cards.
• Integrated customer insight manager.
• Integrated trusted service manager.
• BLE(Bluetooth Low-energy) enabled.
Steps for using E-wallet
• Step1:Download mobile wallet or e-wallet application.
• Step2:Register and create new wallet by providing information.
• Step3:Load money in your wallet from your bank using
credit/debit card.
• Step4:Make a payment using a wallet.
Where you can use E-wallet?
• Utility bill payment
• Mobile recharge
• DTH recharge
• Online grocery stores
• Online travel portal
• E-commerce portal
 Techniques

• Facial Effect Detection

• Emotional Classification
• Facial Electromyography
• Galvanic Skin Response
• Blood Volume Pulse
 Advantages
• The e-wallet makes online shopping easier because it fills in
the fields in an online order form automatically ,saving you the
trouble of doing it yourself.
• This is also great advantage for online merchants, because
customer some times abandon online purchases if they feel
the order form is too confusing or frustrating.
• The e-wallet can overcome the phenomenon by automatically
the completion process.
 Disadvantages
• If you try to use the e-wallet with an online order form whose
blank fields are in a different order form those in your e-wallet,
or if the form has fields that the e-wallet does not recognize,
the form may be left incomplete or be completed incorrectly.
• This would force you to erase all the fields and enter your
personal information manually, defeating the purpose of the e-
wallet.
 The ECML Standard
• Electronic Commerce Modeling Language is a protocol that
dictates how online retailers structure and setup their
checkout forms.
• Proposed alternative standard that would replace electronic
wallet standards with a single standard
 Examples
• Android pay
• Apple pay
• ecoPayz
• Digital currency
• Google wallet
• Lemon wallet
• Master pass
• Paypal
• paytm