An important characteristic of E-wallets is:
A)It is exactly the same as regular cash
B)It is the same as EDI
C)It contains the identity of the user
D)Users must also supply a credit card number when using it

Question

Quizplus · Accepted Answer

E-wallets contain the identity of the user, which is crucial for processing transactions and ensuring security. Unlike regular cash, which is anonymous, or EDI (Electronic Data Interchange), which is a system for exchanging business documents, e-wallets are digital and personalized. They do not always require a credit card number for use, as they can be linked to various funding sources.

An Important Characteristic of E-Wallets Is