- What I know before researching?
- Electronic wallets o m- banking is when you do transactions our something evolving economy on internet. Like when you buy things in the stock or you manage your account via internet.
- Questions I have about?
- How can you use it?
- Is it safe?
- What websites can work with electronic wallets?
- Is it cheap?
- It has something evolving banks?
-Links I used for help?
- Bullet list of things you learned about the topic (at least 5)
- At the FinovateFall 2012 conference this week in New York, PreCash announced that it's field-testing FlipMoney, a digital wallet app linked to a prepaid debit card.
- Its really rent able to be a owner of a electronic because just in the USA 20% of the people are under bank. But in un- developed countries there's a higher rate of under bank people.
-The fees are similar compared to the banks: a $3 activation fee, a $5 monthly charge, a $2 ATM charge and a $1.50 bank-to-card transfer fee. Peer-to-peer transfers are free.
- In Kenya the majority of the population uses a electronic wallet called M- Pesa.
- Its really good to buy in the internet and is safer than in a normal credit card.
- How it can connect to my life?
This can connect to my life because I am an internet shopper and this can be safer that buying with a credit card.
- Another Question I have?
- Does it work in Colombia?