E-Wallet Glossary
Offer back an amount of money from nominal from , usually in credit or a form that later can be used again for other transactions.
Services that enable User to save their money digitally and do financial transactions using their cellular. This can be accessed through User's smartphone, usually using User's phone number as an 's ID, transactions on application server, and transactions on .
The application redirect from platform to platform to with . Usually, User does on platform to buy an item/, then User uses , where there is some that requires a confirmation on associated platform.
Linking account to platform (app/website). After account is connected, User can with payments swiftly and easily, without need to input manually every time doing transactions on that platform.
The user-level account usually uses User that hasn't verified identity/KYC (Know You ) on application, so User is only able to use limited feature of application, such as only can do and has a specific limit to top-up to their account.
Acronym from One-Time Password, usually used as an additional layer of security to ensure and protect User's identity before granting access to accounts or proceeding transactions.
After User receives OTP, User must input it to application according to predetermined time limit (for example 30 seconds or 1 minute) to do identity verification and with or login on application. OTP can't use anymore after it reaches predetermined time limit.
PIN (Personal Identification Number) is a secret number or personal password consisting of 4 to 6-digit numbers used as User security method to access an account or do transactions related to their account.
Because it is confidential, a PIN considers more secure than a password that consists of letters and numbers. However, User must be careful in choosing and maintaining confidentiality of PIN, and avoid disclosing PIN to other people or using it in public places, because it can increase security risks and loss of account access or other sensitive .
The user-level account usually uses verified User/KYC (Know You ) on application and entitles to use completer and up-to-date feature other than prepared main feature from to User.
that is smooth and without a hitch. This means Users can do transactions easily, swiftly, and without any interference or technical difficulties that block . So that can increase adoption level and usage as a alternative that is more modern and easier to use.
Usually caused by a technical problem (network) or can be caused by that hasn't proceeded with within time limit by Issuer on 1-time .
E-Wallet Payment Flow to find out during with .
E-Wallet Feature to find out feature on .
E-Wallet Integration & Testing to find out how to perform and of .
E-Wallet FAQ if you want to find out frequently asked questions related to .