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      Question

      Banks have launched an app naming _____for electronic

      commerce transactions
      A Wallet Correct Answer Incorrect Answer
      B Open e wallet Correct Answer Incorrect Answer
      C E wallet Correct Answer Incorrect Answer
      D Open i wallet Correct Answer Incorrect Answer
      E Open wallet Correct Answer Incorrect Answer

      Solution

      It is a type of electronic card which is used for transactions made online through a computer or a smartphone. The utility of an e-wallet is the same as a credit or debit card. An e-wallet needs to be linked with the individual's bank account to make payments.

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