Crowdfunding and Entrepreneurship (for jack nick) by Ignatius Ekanem & Steve Ideh

Author:Ignatius Ekanem & Steve Ideh
Language: eng
Format: epub
Publisher: Routledge
Published: 2024-05-15T00:00:00+00:00

Similarly, Gomber et al. (2017) argue that both e-wallet and digital wallet describe a digital storage for money that fulfils most tasks of a physical wallet: holding identification information (e.g. ID card, driver’s license), facilitating cash and credit payments, and storing temporary tokens (e.g. vouchers, bus tickets). Ebringer et al. (2000) explain that these functions can be implemented digitally so that an e-wallet is able to replace a physical wallet. A digital wallet integrated to a mobile device, e.g. a smart phone, has the potential to replace not only traditional payment functions but also analog wallet items, like identity cards, tickets, and other content items (Contini et al. 2011; Shetty et al. 2014).

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