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Home Is e-wallet better than cash?
25 Jul 2022 By PAYCEC
An important reason why e-wallet is better than cash is the security. The problem with walking around with large amounts of cash is that if it’s stolen or lost, you’ll likely never get it back. While a thief could grab your wallet and get access to your credit cards in seconds, e-wallets encrypt your information to help safeguard it from hackers. Even if somebody steals your phone, the thief would likely still need a passcode or biometric authentication to access the information in an e-wallet. In some cases, if the buyer is cheated, they can claim within a certain time to receive a refund.
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