Which of the following is a valid example of e-wallet.?
(A) drop box
(B) way to sms
(C) monster India
(D) paytm
Answers
Here are some of the top 10 mobile wallet companies in India and what they offer to their customers.
PayTM.
Momoe.
PayUMoney.
Mobikwik.
Citrus.
State Bank Buddy.
Citi MasterPass.
ICICI Pockets.
Answer:
The correct answer is Dropbox, ways to SMS and Monster India.
Explanation:
The E-wallet is considered as the payment done digitally. It can be paid through pre-paid accounts and it is an online services a digital currency of goods or services.
The payment of E-wallet is done using the following technologies:
1. QR code: They are used to scan the payment to be made through camera access we get the code scanned and the payment gateway gets activated and the amount is sent.
2. Near Field communication (NFC): It uses the two devices that will connect and transfer through signals of electromagnetic. The device works only when it is kept 4 centimeter away.
3. Magnetic Secure Transmission (MST) :It uses the magnetic cards to read our card and helps in swiping it through a slot provided. It is generated through our mobile devices.
The most popular E-Wallets is Paytm.
Paytm is one of the most popular gateway which helps in making payment easily through scanning the QR code provided. It is known as one of the popular pocket wallet.
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