Digital wallet or electronic wallet

A digital or electronic wallet is an application that collects all the data that the user uses and all his financial movements in an encrypted way. It is stored in hard disks after installing it on the personal computer that can be used over the Internet easily, especially in the sale and purchase operations, whether the amounts are large or small.
The largest companies use a digital wallet over the Internet based on multiple secure programs, which is the financial transactions protocol.

Digital wallet applications
Digital wallet applications on personal computers or mobile devices
For computers.
Many of us wonder if our devices are safe and we can fill in all our personal data and confidential information, as well as the credit card numbers .. Yes, we can rely on the software application e-wallet that saves all the data that has been placed on the personal computer and with regard to the card numbers That we need in the process of buying and selling of the Internet
Although there are safe applications, there are many of them that are unsafe and that spy on the user through annoying advertising windows that appear during the many browsing process on the Internet.
For mobile:
Applications on mobile are widespread and widespread as they are for computer applications, as they work to save data and thus the user installs it on his phone and to make sure that it contains a security certificate so that he cannot leak his confidential information and card numbers when the application is stolen or exposed to hacking and the possibility of theft. The mobile phone and thus all the information becomes exposed to the thief and can be used.
The data that the electronic wallet stores
The digital wallet stores shipping and billing data, all customer names, the city, the street name and the state, and most of these wallets can carry the names and numbers of credit cards. And you carry electronic cash through suppliers such as e-cash.
The digital wallet includes two main classes: Server Side and Client Side. {{Server Side stores consumer information on a server so that if he breaks, he can discover thousands of personal information and data about users or store consumer information on the consumer's computer, which transfers responsibility for maintaining confidentiality to the consumer and there are Clint Side wallets that need discharges and this is one of them. Its disadvantages because the server side remains on the server and therefore does not need to be emptied

Its advantages
The wallet provides payment facilities for government agencies and private entities.
It is the backbone of electronic services.
Transfers are made without cash and without the need to open bank accounts or acquire any other bank card.
A digital wallet is more secure than holding money in cash
The electronic wallet process requires very strong mechanisms and structure to protect privacy to obtain efficiency and effectiveness in a safe and confidential manner.
What are the most important advantages and advantages of a digital wallet? There are many advantages that are available in the wallet that made it widely used in many operations and transactions between consumers, and these advantages are limited to what is done in terms of electronic operations and important information, and the most important advantages of the electronic wallet are the following:
Ease of payment:
With one click on his phone, the user can make the payment in any purchase or sale in any institution or organization in exchange for a commodity, service or transaction obtained.
Efficiency in use:
During the payment process, the user does not have to search for the necessary papers or cards or the money he carries, and he does not need to carry a wallet as well
Organization:
The digital wallet runs all the user's digital cards, such as debit cards and loyalty cards, which are also characterized by providing their owner with points and discounts on every purchase.
Security and confidentiality:
Where the user can set a secret code to control access to the wallet, unlike the regular wallet, where anyone can obtain and use it, especially when it is lost, and the number that is exchanged when purchasing is only a unique identification number and not any information related to the card itself, and this It increases comfort and reassurance safety.
And speed of performance:
Some websites ask the user to fill in and fill out forms for payment transactions, which are tiring for the customer, especially, as the e-wallet enables the user to bypass such stages.
Offer discounts and rewards:
The electronic wallet offers a lot of offers and rewards through which the user can get more services and products at lower prices.
Low costs:
The electronic wallet does not charge high fees for the services and cards used for it.