The Electronic Money Institution (EMI) supplies licenses for issuing electronic money. It allows certain entities to issue their own currency, which can be used outside the location of the payment system. It can also be converted to other currencies and service third-party payments. In addition, the EMI license allows the...
E-WALLETS
The E-wallet is an electronic device or online service that enables a user to perform electronic transactions. The consumer’s bank account, debit card or credit card can be linked directly to the digital wallet, making payment instant and frictionless. Aside from performing payments, some E-wallets can also store important functions such...
E-COMMERCE MARKETPLACE
Many online enterprises are seeking to expand to foreign markets, but they are deterred by the initial investment. Often they lack the funds to develop logistics, inventory, marketing and other processes required for a global business. Today, many small online businesses are joining the e-commerce marketplace business model, which enables...