E-Wallets: Mobile Payment replaces Cash | Risks and Chances of mobile payment | SHIFT

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  • เผยแพร่เมื่อ 7 ต.ค. 2019
  • Will mobile payment replace cash? It looks like that. In many countries, mobile payment is part of everyday life. No matter if paypal, google pay or apple pay there are many possibilities to pay mobile. The money is stored with e-wallets. But how secure are e-wallets and is it really practical? Let's take a closer look at this topic in this episode. Do you already use e-wallets? Write it in the comments...
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    #EWallet #MobilePayment #ElectronicPayment
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ความคิดเห็น • 87

  • @_aidid
    @_aidid 3 ปีที่แล้ว +9

    I have started using a mobile wallet in Bangladesh recently. I feel more comfortable to perform transactions digitally than using cash. I believe that the idea of e-wallet is going to be a great game changer in economy.

  • @ArnoldQuilang
    @ArnoldQuilang 10 หลายเดือนก่อน +1

    Thanks my friends steeve your the best god bless u

  • @bluelightingwolf85
    @bluelightingwolf85 ปีที่แล้ว +2

    I would say you should be flexible there's nothing wrong with having an e wallet and also nothing with a small amount of money at least minimum $60.00 Incase you too a mom and Pop that hasn't have the latest technology in the store especially riding the bus or taxi or helping someone who is less fortunate who is need of help, that I can't go all way cashless i would say be balanced and smart with money 💰 and be safe and out there.

  • @user-ww7ms6rm9l
    @user-ww7ms6rm9l ปีที่แล้ว +1

    I am from Yemen, I live in Sana'a. Although I have two e-wallets, I don't have bank account! Actually, I don't prefer using them, I prefer to pay cash

    • @ealemania117
      @ealemania117 3 หลายเดือนก่อน

      Well you have any e-wallet available in your country?

  • @diamondcb2728
    @diamondcb2728 3 ปีที่แล้ว +1

    Great video

  • @LonelyBadshah
    @LonelyBadshah ปีที่แล้ว +1

    I like use e wallets because I don't like have cash in my pocket 👍✌️

  • @JERRYMILLETT
    @JERRYMILLETT 3 ปีที่แล้ว +5

    A digital wallet is all fine and dandy until you lose power and internet like we do in Florida annually because of hurricanes and tropical storms these storms can take your power out for a day or 4 months depending on the damage here in Florida we learn to always have cash on hand because when the storms come through no one's taking digital currency or credit cards

    • @themalaysianpatriot3099
      @themalaysianpatriot3099 2 ปีที่แล้ว +1

      Except digital wallets aren’t connected to the internet nor does it shut down when there is no power since it’s on your phone.

    • @zeelidium
      @zeelidium 2 ปีที่แล้ว

      @@themalaysianpatriot3099 but how you gonna charge ur phone without power?

    • @themalaysianpatriot3099
      @themalaysianpatriot3099 2 ปีที่แล้ว

      @@zeelidium Powerbanks exist and you can also use other methods of payment like your bank card or a gift card.

  • @sarangabaishya963
    @sarangabaishya963 4 ปีที่แล้ว +9

    UPI, which is popular in India is a much better option than e wallet and credit/debit card

    • @LightningMcQueen...895
      @LightningMcQueen...895 3 ปีที่แล้ว +1

      True

    • @angelleal3005
      @angelleal3005 2 ปีที่แล้ว

      Could you elaborate on that ? I'm not indian btw.

    • @sarangabaishya963
      @sarangabaishya963 2 ปีที่แล้ว +1

      @@angelleal3005 UPI- unified payment interface. It is a payment method through mobile . It's function is similar to e wallet. but here your bank accounts are connected. That is the payment is made directly from your bank account. most of the player ( including the Google pay) runs UPI in their apps

  • @davidchinyama6110
    @davidchinyama6110 ปีที่แล้ว

    i am using two wallets. I first opened a mobile wallet and later on set up another wallet via my bank account. i am comfortable with both wallets.

  • @tharunraj-yk7cv
    @tharunraj-yk7cv ปีที่แล้ว

    Informative

  • @AarushiJain-ej2bk
    @AarushiJain-ej2bk ปีที่แล้ว

    Awesome

  • @himanshikids
    @himanshikids ปีที่แล้ว

    thnks for it make

  • @arunsinha8731
    @arunsinha8731 ปีที่แล้ว

    Nysh video

  • @kellyjamison0917
    @kellyjamison0917 ปีที่แล้ว

    I love using e-wallets because I don’t like to carry cash in my purse. I currently use Apple Pay.

  • @worldhackgaming
    @worldhackgaming ปีที่แล้ว

    Good

  • @vickykondal4
    @vickykondal4 3 ปีที่แล้ว

    I am from uae i faced a problem for my cash in may i talk any person not customer care they can't know any thing i follow up daily making calls they dont help its more then 22 days pls suggest me what can i do

  • @JERRYMILLETT
    @JERRYMILLETT 3 ปีที่แล้ว +6

    Digital wallet sound scary especially since people are getting deplatformed on TH-cam PayPal and other platforms wait until your number is called and they want to delete your digital wallet

    • @xjsnjkil2070
      @xjsnjkil2070 3 ปีที่แล้ว +1

      scared?Go back to the damn cage.

    • @themalaysianpatriot3099
      @themalaysianpatriot3099 2 ปีที่แล้ว +2

      I don’t think you know how digital wallets work.

  • @payeemastervlog9454
    @payeemastervlog9454 3 ปีที่แล้ว

    How use a wallet for a telecom company app

  • @wilfredosantana1
    @wilfredosantana1 2 หลายเดือนก่อน

    Nothing will replace the physical money. All those fees, etc. Also using excuses like your security and more. With all this technology government and others agencies now how much money you have, how much you spend ,where you spend it and when is to much information. I prefer cash on my hand and that will never change for me.

  • @phodacbitch
    @phodacbitch 3 ปีที่แล้ว +5

    What's so hard with taking your card out of your wallet? It takes like two seconds lol. I get when people say with having a virtual wallet, you don't have the need to carry your wallet, but I don't believe you should NOT carry your wallet with you. What about your driver's license, health care card, etc...? These are too important to not have with you. You are going out with friends and you guys want to go eat at a bar or pub and you don't have ID to show that you are of age. What if there is an emergency and you need to drive someone's car, but you don't have your license.

    • @happymuffin2680
      @happymuffin2680 2 ปีที่แล้ว +1

      They like debit. They also have services to pay bills etc. And usually connect to online shopping. So you don't have to worry about following up on the credit statement

    • @galfert
      @galfert ปีที่แล้ว +2

      I don't carry a physical wallet. My driver license is digital, my health insurance card is digital, and even my library card is digital. I scan business cards and they automatically dump into my contacts (retaining the image), and even transit tickets and event tickets are now all digitized. Even house and car keys are digital. All you need is your mobile phone. If you lose that then you get a new one and it was all backed up and safe in the cloud. In case of hard cash emergency you can stuff a bill inside your mobile phone case.

    • @kellyjamison0917
      @kellyjamison0917 ปีที่แล้ว

      So true. I’ll have to agree with you there.

  • @azuaraikrezeul1677
    @azuaraikrezeul1677 2 ปีที่แล้ว

    my e-wallet has dispute system for unathorized transactions.

  • @protectorofillinois3
    @protectorofillinois3 3 ปีที่แล้ว +5

    Personally, I love Google Pay 🙌❤💯

    • @sirantisocial9681
      @sirantisocial9681 2 ปีที่แล้ว

      Its worst of them all

    • @protectorofillinois3
      @protectorofillinois3 2 ปีที่แล้ว

      @@sirantisocial9681 Let me guess - you must've had bad experiences with GPay :-)

    • @_devil536
      @_devil536 2 ปีที่แล้ว

      @@protectorofillinois3 well it certainly is worse than it's competition
      It's not user friendly
      It's ui lags a lot
      IT takes a lot of time
      It requires un- necessary permissions

  • @engchoontan8483
    @engchoontan8483 ปีที่แล้ว

    Some times, the enslaved have lesser options than the others. Electronic payments can be viewed negatively by others. Examples may include tourists from certain countries going out of their way to find and eat at places which accepts electronic payments only. People should have options on them to avoid being silly. It is entertaining and an option for stalls, shops and restaurants to select their niche.

  • @mirrorafricantv
    @mirrorafricantv 4 ปีที่แล้ว +1

    which e-wallet is more better to use?

    • @ealemania117
      @ealemania117 3 หลายเดือนก่อน

      Yes you prefer use.

  • @FunnyAnimalsRagdolls
    @FunnyAnimalsRagdolls ปีที่แล้ว

    Is there a digital wallet where I can convert crypto to dollars and transfer money from there directly to a bank account?

  • @peacheskong2245
    @peacheskong2245 2 ปีที่แล้ว +1

    What a horrific outlook, what about power outages and then trying to get through customer service!? No, cash is a human right and establishments shouldn't be allowed to not give customers the option to pay cash.

  • @user-zn2fe1yf3t
    @user-zn2fe1yf3t 4 ปีที่แล้ว +5

    I am Chinese and I have used mobile payment for 10 years

    • @ynsxd
      @ynsxd 3 ปีที่แล้ว +2

      Lmao

    • @arunrajap
      @arunrajap 2 ปีที่แล้ว

      Hi, I have doubt. Is it possible for sending money from Ali pay to WeChat pay. I mean does Chinese mobile payment support interoperability?

    • @user-zq3ht3wf2j
      @user-zq3ht3wf2j 2 ปีที่แล้ว +1

      @@arunrajap No, you can only transfer it to the bank card and then transfer it to you, because the two are different companies

  • @AchwaqKhalid
    @AchwaqKhalid 4 ปีที่แล้ว +6

    🗣️🔊 No to #CashlessSociety beware of the #WarOnCASH

  • @drainsclean6418
    @drainsclean6418 4 ปีที่แล้ว

    Ripple is not a crypto it's a company, XRP is the crypto that is used by Ripples software. Two separate entities.

  • @akihokokurosaki
    @akihokokurosaki 2 ปีที่แล้ว

    UPI is more convenient and better than e-wallet.
    That's the reason why India does most no. of digital transactions in the world.

  • @user-ji4gq3ot5u
    @user-ji4gq3ot5u 2 ปีที่แล้ว

    Upi payments is far better than e wallet.

    • @aliceliu27
      @aliceliu27 2 ปีที่แล้ว

      Each payment method has its own unique expenditure. Maybe you don't know it. At present, many people use digital wallets for mining. It can be realized by mobile phone.

  • @bornforbooks
    @bornforbooks 2 หลายเดือนก่อน

    I'm using UPI since it launched, my 99.99% trascation using UPI I never use cash

  • @niceallck
    @niceallck 2 ปีที่แล้ว

    Julie has so many positions 😂😂 Thanks!

  • @reshamsinghrajput4173
    @reshamsinghrajput4173 ปีที่แล้ว

    Under 10

  • @rothn2
    @rothn2 2 ปีที่แล้ว +1

    One thing I might not have known about crypto is that while it's based on cryptographic math, the transactions themselves are not necessarily encrypted and are often completely public. I am fortunate to be a tech enthusiast though :). Anyway, be warned!

    • @aliceliu27
      @aliceliu27 2 ปีที่แล้ว

      In fact, more and more people are using digital wallets at present. And use digital wallet for consumption or mining to make money. This has brought us a lot of convenience.

    • @rothn2
      @rothn2 2 ปีที่แล้ว

      @@aliceliu27 I would one day love to be able to pay at a store by initiating a transaction from a wallet I fully own and understand with my private key that I physically posess

    • @aliceliu27
      @aliceliu27 2 ปีที่แล้ว

      @@rothn2 Of course, you can do it in whatever way you like. With the progress of science and technology, more and more new payment methods make us more convenient.

  • @kongoubongo1114
    @kongoubongo1114 4 ปีที่แล้ว +2

    A cashless society sounds dystopian.

  • @sujitpawarsoldier
    @sujitpawarsoldier 2 ปีที่แล้ว

    UPI

  • @sirus312
    @sirus312 4 ปีที่แล้ว +2

    cash app baby

  • @w.s1097
    @w.s1097 4 ปีที่แล้ว +3

    Don't go cashless it's cost more cause they charge you everytime you swipe so you pay more way more it's a scam rather draw cash and pay bank fees once off

    • @zeblackboi
      @zeblackboi 2 ปีที่แล้ว

      But when you pay cash and get back change, you usually end up chucking it off to the side and forgetting about it or end up losing it.

    • @w.s1097
      @w.s1097 2 ปีที่แล้ว

      @@zeblackboi Well you just end up paying it in fees going cashless plus more so you loose more going cashless than with real cash.

    • @zeblackboi
      @zeblackboi 2 ปีที่แล้ว

      @@w.s1097 never been charged a penny going cashless

    • @w.s1097
      @w.s1097 2 ปีที่แล้ว

      @@zeblackboi Cant be how are they making money if its free think about that. You're paying one or the other.

    • @zeblackboi
      @zeblackboi 2 ปีที่แล้ว

      @@w.s1097 They invest our money to make profit. I've never paid a fee in my life

  • @aiubwahed7975
    @aiubwahed7975 ปีที่แล้ว

    Gamsa

  • @LuisENy-pr2ow
    @LuisENy-pr2ow ปีที่แล้ว

    Cash is very very dirty

  • @aiubwahed7975
    @aiubwahed7975 ปีที่แล้ว

    That's all rezaul hauque miazvandari