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Somsak
Smart Contracts
A digital wallet (or electronic wallet) is a digital-application form of a physical wallet; a financial transaction application that functions as a virtual wallet where consumers can register themselves, fill balances, and store credit, debit card and bank account information to make payment usually through Android or iOS mobile devices. Globally there are four types of digital wallets: (A) Open Wallets for saving money, cash withdrawals, financial services; (B) Semi-Open Wallets for customers to deal with a contractual merchant with a specific service provider; (C) Semi-Closed Wallets to purchase goods and pays for services, including financial services though mostly not withdrawing or redeeming cash and (D) Closed Wallets linked to 1 merchant which allows for purchase of goods and services from the same merchant. Got a Digital Wallets project? Hire the best Digital Wallets freelancers with the right skills and background in December 2024 to get your Digital Wallets job done quickly. Schedule a consultation with a Digital Wallets freelancer today. Read less
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