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In response to consumers’ general wariness of online transactions, some online merchants have begun accepting and issuing alternative payment methods, such as electronic wallets and digital money/stored-value accounts.

eWallets are bits of software that are either "server side” (information that is stored on a secure server) or “client side” (information that is stored on the consumer’s personal computer). They can help merchants acquire and retain customers by offering an easy and convenient ordering solution: allowing payments and shipping information to be securely stored on a merchant’s site for repeat purchases.

You can get eWallets from your financial institution, specialized merchants, or technology providers (e.g., Microsoft).

2006-06-19 09:54:50 · answer #1 · answered by hivoltgfly 3 · 1 0

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