Electronic wallet

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1. Payment cards.

A reloadable multi-purpose prepaid card which may be used for small retail or other payments.


2. Information technology.

Any payment arrangement that enables users to securely access, manage and use a variety of payment instruments issued by one or more payment service providers via an application or a website.

The electronic wallet may reside on a device owned by the end-user, such as a smartphone or a personal computer, or may be remotely hosted on a server but still under the control of the end-user.


See also