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Document Type

Review

Abstract

The goal of enabling small business owners and customers to accept digital payments for cashless, safe, and effective transactions has propelled the growth of electronic wallets, commonly known as digital wallets or e-wallets. E-wallet design has made it a priority to give consumers a practical, safe, and efficient way to manage their digital assets, such as cryptocurrencies, whereas facilitating online transactions. The presented research developed a technique to pinpoint the transactional structure of digital economy's e-wallet payment system. The purpose of the presented research is to offer a reliable and trustworthy analysis which will increase public awareness of digital currency and encourage its use in online transactions. This research's goal is to deliver a reliable and precise analysis which will increase public awareness regarding e-wallet transactions. Additionally, the framework outlined in this research encourages the growth of medium-and small-sized firms operating in digital economy.

Keywords

Digital Wallets, Electronic wallet, QR codes, Challenges Of E- wallets, Magnetic secure transmission, Near field communication, Cold wallet, Hot wallet

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