DIGITIZING OUR WALLETS

Digital Wallets forE-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 WALLETThe 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

• Email 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 WALLETThe 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 

VISIT

WWW.SPEC-INDIA.COM

& REQUEST A FREE POC

TO TEST DRIVE OUR SERVICES