Electronic wallet definition

Electronic wallet means an electronic account (using a software interface) of a cryptocurrency wallet located on Website which enables, inter alia, the disposal of the cryptocurrencies, i.e. the acquisition and transfer of selected cryptocurrencies (among others also with Cryptocurrency). The use of Electronic wallet on Website is governed by separate terms and conditions.
Electronic wallet means an encryptedstorage medium holding financial information that can be used to complete electronic transactions without re-entering the stored data at the time of the transaction;
Electronic wallet or “e-wallet” means a mobile money product, where the record of funds is stored on a particular device, typically in a card or mobile phone.

Examples of Electronic wallet in a sentence

  • Electronic wallet (e-wallet) utilises electronic devices, online services and/or software programmes that enables financial customers to make electronic transactions or send money to other persons in any country.

  • Electronic wallet top-up or fund transfer will not be eligible for extra 4 times bonus points.

  • Recognizing the need to extricate the middlemen in the procurement and distribution chain so as to do away with the monumental fraud in fertilizer and other farm input distribution, the then minister of Agriculture, Dr. Akinwumi Adesina, in May, 2012 saw the need to introduce Mobile Telephony System (MTS) in the e-wallet (Electronic wallet) scheme which is first-of- its-kind in Nigeria (Jato & Terna, 2015).

  • Electronic wallet itself is an electronic wallet that has the same function as electronic money or what is commonly referred to as electronic money.Based on Law No. 7 of 2011 concerning Currency, it is stipulated that money is a legal tender in rupiah currency in the form of paper or metal that contains an element of guarantee and is permanent.

  • Access to personal information in the secure element is protected by additional security layers. Electronic wallet application: The application or user interface that allows users to manage accounts and initiate payments from their digital wallet Trusted Service Manager (TSM): The TSM connects payment cards virtually into mobile wallets securely.


More Definitions of Electronic wallet

Electronic wallet or “electronic-purse” means an e-money product, where the record of funds is stored on a particular device, typically in an integrated circuit chip on a card or mobile phone.
Electronic wallet means web application - an electronic account (using a software interface) of a cryptocurrency wallet located on Website which enables, inter alia, the disposal of Cryptocurrencies, i.e. the acquisition and transfer of selected cryptocurrencies.
Electronic wallet means a third party digital system that securely stores a Cardholder’s Card information and which can be used for Card Transactions though a computer, smart phone and other devices using Apple Pay, Google Pay™ and other online payment services.
Electronic wallet means an interface provided by the Platform, which allows receiving, storing and transferring crypto-currencies to other users of the Platform, using computers, mobile devices, including by means of special software installed on these devices, in the manner and on the terms specified in the user agreement.
Electronic wallet means Customer funds temporarily held by Custom House in an electronic wallet established by Customer for such purpose, for the convenience of Customer, pending receipt from Customer of an Instruction.
Electronic wallet shall have the meaning set forth in the recitals.
Electronic wallet means an electronic account (using a software interface) of a crypto-asset wallet, which enables, inter alia, the disposal of the USDC, BTC, and BNB Coin, i.e. the acquisition and transfer of all of these Cryptocurrencies.