Digital payment doubt

in digital wallets you are required to save your card details only once.....once registered you can make your transactions fast using that wallet....here you are registering only your card details in e wallets....money should be preloaded in your wallet to make any further transaction.....here you are transfering some amount of money from your bank account to your e wallet and then making the transaction

jsome jsome

CA Inter

★ 575

23-Jan-20 07:21

Digital wallet - phonepe , Google pay

M Narendra

CA Inter

★ 4K+

23-Jan-20 08:04

E - wallet : paytm

M Narendra

CA Inter

★ 4K+

23-Jan-20 08:05

Tw

Thread Starter

Nivetharaman Raman

CA Inter

★ 11K+

23-Jan-20 12:30

TQ

Thread Starter

Nivetharaman Raman

CA Inter

★ 11K+

23-Jan-20 12:31

To summarise Digital wallet - Stores information but not money E-wallet - Stores money - preloading of money is required Mobile wallet - which can be used only on a mobile. Basically it could be a type of digital or e-wallet

CA Suraj Lakhotia

Admin

23-Jan-20 15:16