Chapter 11 Electronic Wallet Project BUSN125 – Exploring E-Commerce.

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Presentation transcript:

Chapter 11 Electronic Wallet Project BUSN125 – Exploring E-Commerce

Electronic Wallets An electronic wallet serves a function similar to a physical wallet:An electronic wallet serves a function similar to a physical wallet: holds credit cards, electronic cash, owner identification, and owner contact informationholds credit cards, electronic cash, owner identification, and owner contact information provides owner contact information at an electronic commerce site’s checkout counterprovides owner contact information at an electronic commerce site’s checkout counter Electronic wallets make shopping more efficient.Electronic wallets make shopping more efficient.

Electronic Wallets Electronic wallets store shipping and billing information, including a consumer’s first and last names, street address, city, state, country, and zip or postal code.Electronic wallets store shipping and billing information, including a consumer’s first and last names, street address, city, state, country, and zip or postal code. Electronic wallets automatically enter required information into checkout forms.Electronic wallets automatically enter required information into checkout forms.

Microsoft.NET Passport Microsoft Passport Wallet comes preinstalled in Internet Explorer 4.0 and higher versions.Microsoft Passport Wallet comes preinstalled in Internet Explorer 4.0 and higher versions. All the personal data you enter into your Microsoft Passport, including your name, address, and credit card information, are encrypted and password-protected.All the personal data you enter into your Microsoft Passport, including your name, address, and credit card information, are encrypted and password-protected.

Electronic Wallet Examples Google NetPay Wallet Qwallet Wells Fargo Bank

Yahoo! Wallet Functions the same way as other electronic wallets, but with certain advantages:Functions the same way as other electronic wallets, but with certain advantages: –Yahoo! hosts several services and shops that can accommodate its own wallet –Can be used at more than 10,000 Yahoo! Store merchants

Gator Wallet

E- Wallet Project 1.What do e-wallets do? 2.What, if any difference, is there between the Microsoft.net wallet and the Yahoo wallet? 3.What is the difference between the above wallets and the Gator e-wallet? 4.What would you recommend to Evan Moskowitz in Exercise #3 on page 525?