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E-WALLETS

E-WALLETS. E -wallet is a card with microchip. R eplaces cash & coins for small ticket purchases like road/bridges tolls, pay phones. It is convenient & safe way to carry less cash. Example M icrosoft Wallet. How to access e-wallets. MICRO-PAYMENT SYSTEM.

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E-WALLETS

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  1. E-WALLETS E-wallet is a card with microchip. Replaces cash & coins for small ticket purchases like road/bridges tolls, pay phones. It is convenient & safe way to carry less cash. Example Microsoft Wallet.

  2. How to access e-wallets

  3. MICRO-PAYMENT SYSTEM • small payments on web like billing by bank, financial institute etc. • Universal acceptance • comprehensive security. • Allows vendors to sell content, information. .

  4. PEER-2-PEER PAYMENTS • Online financial transfer through e-mail address. • Reduces risk of fraud & overdrawn a/c. • Example PayPal services.

  5. E-PAYPAL SYSTEM • It enables the merchants or individuals to withdraw cash from their PayPal accounts. • Allows customers to send their transaction money quickly & safe to anyone. • To use it one should must get registered themselves .

  6. Features 1) No offset printing press required 2) avoids the distribution of a physical product. 3) Distribution 4)Publishing

  7. Pricing • $39 in 1975 to $284 in 1995, a factor of 7.3 in just twenty years. • PatientINFORM • Research4Life • Walk in Access • Open access • Pay per view • DeepDyve

  8. Examples • www.elsevier.com • www.isorjournals.org • www.indianjournals.com

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