Types of Electronic money

Question 1

is a software-based system or
an application that runs on any connected device. It stores your
payment information and passwords of numerous payment
methods and websites.

Apple Pay, Google Pay, and PayPal. (US)
Gcash, Maya, Grabpay (Ph)

Answer 1

Digital wallets

Question 2

These are wallets integrated into smartphones, allowing
users to make payments directly from their devices.

Tala Wallet, DragonPay Credits,
Lazada Wallet

Answer 2

Mobile wallets

Question 3

wallets are digital platforms designed to facilitate secure,
quick, and convenient online transactions without needing
physical cash or credit cards.

Answer 3

Online Payment Wallets

Question 4

These wallets are designed for person-to-person payments,
allowing users to transfer funds to friends, family, or other
individuals without needing cash or bank transfers.

CoinsPh, 7-Eleven Cliqq, PayPal

Answer 4

Peer-to-Peer (P2P) Payment Wallets

Question 5

These are wallets specifically designed for storing, sending,
and receiving digital assets like Bitcoin or Ethereum.

MEXC, Binance, OKX, Bybit, KuCoin, and Kraken

Answer 5

Cryptocurrency Wallets