Ewallet is a digital wallet which facilitates the user to conduct safe and secure commercial transactions through the electronic media with rapidity. The Ewallet must be undergoing hundreds of transactions every day and the total of all the electronic as well as physical transfers and payments occurring through the Ewallet is collectively referred to as Ewallet solutions.

Ewallet solutions are a type of method of payment in which either the customer pays directly or makes known his method of payment in terms of a virtual wallet. As a result, whenever a payment is made from the Ewallet account, the amount stands to be debited from the Ewallet credit balance and likewise the Ewallet solutions allow the account user to receive payments from other parties as well.

Due to the growing popularity of online commercial practices like forex trading as well as gambling, Ewallet solutions are in great demand and are therefore being offered by a number of financial institutions. In order to launch an Ewallet site, one needs to install a particular software package and subsequently fill out a form and secure the information by putting a password.

Ewallet solutions are particularly advantageous for poker and gaming sites because not only do they facilitate instant deposits and withdrawals but also charge transaction fees which are lesser compared to those charged for credit card transactions. In addition, these services are more secure since they safeguard personal information and also prevent the records of the gaming transactions from appearing on one’s bank statements.

Since Ewallet solutions are particularly designed to cater to online forex trading and gambling, the institutions which specialize in this facility have dealings with many gambling and trading platforms. A direct consequence of this relation is that any client who registers with such an institution is granted a number of bonus cash and bets ranging between ten dollars and hundreds of dollars.

As far as a gambling enthusiast is concerned, a set-up consisting of a bigger poker room equipped with facilities to access Ewallet solutions is an ideal scenario for safe and immediate deposits and other transactions. In such a situation, a gambler can deposit cash into the Ewallet account beforehand and then simply diversify the money into the poker site of his choice by clicking on the requisite buttons.

However, as a precautionary measure the consumer using the Ewallet solutions should stay informed as well as alert because like all other modern methods of transactions the Ewallet solutions are also prone to online scams and fraudulent schemes.

Category : Ewallet Merchant Accounts