A digital wallet refers to an electronic device or online service that allows an individual to make electronic transactions. This can include purchasing items on-line with a computer or using a smartphone to purchase something at a store. An individual’s bank account can also be linked to the digital wallet.
The smartphones will act as our bridge toward a cashless society. On the surface, e-wallets are like payment cards that work out of an app. You load funds into a virtual wallet, and then use those funds to pay for goods and services.
Introducing E-Wallet Terminal
When traditional payment methods like paying with cash or using credit replaced by technology, all you need is just a click away!
Digital wallet, e-wallet or mobile wallet, whatever you call it. This type of payment taking the financial world and the usage of being “cashless” is rising fast as it is widely accepted across all retail stores, supermarkets, restaurants and many more.
E-Wallet acts as your normal wallet, except that it is in digital form which you can’t see. Similar to a normal wallet, you need to put some money into e- wallet for future transactions. Once you have funds in your e-wallet, it functions the same as your normal wallet when making payment but this time it offers a variety of ways of payment method such as QR code scanning or Tap & Pay. It is more convenient and secure compared to carrying a whole load of cash and it can be used anywhere and anytime !
Top 3 Reason Why You Need A Terminal
Easy to Use
Payment made smarter, easier and faster. Our terminal will assists your to create a seamless payment experience for your customer.
Accept all types of e-wallet includes Wechat Pay, Alipay, Grab Pay, Boost Pay, and Touch ‘n Go eWallet.
Supports Credit Card & Debit Card
Effortlessly accept credit card and debit card payments on-the-go.