It is an electronic wallet in which credit cards, debit cards, or prepaid cards are registered in a single place. With an e-wallet, cardholders can securely add, store, update, and delete their card information. Cardholders select their registered card on the payment page and complete their payment with a single click. In this way, a digital wallet gives cardholders a secure, easy, and practical payment experience.
In other words, we can say that a digital wallet is the general name given to solutions that store card information in the cloud, on their own systems, and that generally allow payments to be made for online purchases without entering card information.
Are there examples of digital wallets in our country?
Yes, there are. In our country, BKM Express, PayPal, and iPara can be given as examples of the online wallet category.
Note: BKM Express does not require all of the card information when registering card details; there is no requirement to enter the full card number and expiration date. The first 6 and last 4 digits of the card are enough to register with BKM Express.
