International eWallet – Virtual Banking

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Money the most important or integral part of our life is any item or verifiable record that is accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. As we consider money as a precious part of our life, its important to carry them safe. So, we use wallets to carry them physically and eWallets are introduced to transfer money through phones or laptops where we need not carry them physically and is a secure and easy way in today’s era.

International eWallet in Singapore is a top rated and a new way to pay friends, family and business associates with aneWallet account across the world.

With eWallet, each user can add money by linking a bank account and managing money on their phone or computer with our eWallet dashboard with the service to transfer or accept money from others. InternationaleWallet is a limitless tool that enables its users to send money at any time at any part of the world.Transferring funds to a friend or business associate’s account is quick and secure within a 24 hour period which is a mode to connect with people. It’s a limitless tool with unbeatable security that enables its users to transfer money at any time for purchasing which is mostly loved by ladies.

The Virtual Banking, is the provision of obtaining the banking and related services online without actually going to the bank branch or office in person and standing in a long queue of people. Availing the banking services through an extensive use of information technology without any requirement for the physical walk-in premises is called as virtual banking.

It enables a customer to pay bills online, check account details, secure loans, withdraw and deposit money anytime as per the convenience which is one of the advantage as in this era people run with shortage of time. Not only youngsters but aged people are also comfortable with the service it provides which makes their life easy.

Some common examples of virtual banking that we use are: ATMs, use of magnetic ink character recognition code (MICR), Electronic clearing service scheme, electronic fund transfer scheme, RTGS, computerized settlement of clearing transactions, centralized fund management schemes, etc.The most interesting fact is that the people are loving the service and using it in wide range in all parts of the world which makes it a popular service.


Cite this paper

International eWallet – Virtual Banking. (2020, Sep 20). Retrieved from https://samploon.com/international-ewallet-virtual-banking/



How do I transfer money from my virtual wallet to my bank account?
To transfer money from your virtual wallet to your bank account, you need to link your bank account with your virtual wallet and then initiate a transfer from the virtual wallet to the bank account. The process may vary depending on the virtual wallet you are using, but it usually involves selecting the bank account you want to transfer the money to and entering the amount you wish to transfer.
Is there a virtual wallet?
Yes, there are many virtual wallets that allow users to store their digital currency offline in a secure environment.
What are the best virtual wallets?
There is no definitive answer to this question as it depends on individual needs and preferences. Some popular virtual wallets include Coinbase, Blockchain.info and Breadwallet.
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