Chapter 11

Electronic Wallet Project

BUSN125 – Exploring E-CommerceBUSN125 – Exploring E-Commerce

Electronic Wallets

• An electronic wallet serves a function similar to a An electronic wallet serves a function similar to a physical wallet:physical wallet:• holds credit cards, electronic cash, owner holds credit cards, electronic cash, owner

identification, and owner contact informationidentification, and owner contact information• provides owner contact information at an provides owner contact information at an

electronic commerce site’s checkout counterelectronic commerce site’s checkout counter

• Electronic wallets make shopping more efficient.Electronic wallets make shopping more efficient.

Electronic Wallets

• Electronic wallets store shipping and billing Electronic wallets store shipping and billing information, including a consumer’s first and last information, including a consumer’s first and last names, street address, city, state, country, and zip or names, street address, city, state, country, and zip or postal code.postal code.

• Electronic wallets automatically enter required Electronic wallets automatically enter required information into checkout forms.information into checkout forms.

Microsoft .NET Passport

• Microsoft Passport Wallet comes preinstalled Microsoft Passport Wallet comes preinstalled in Internet Explorer 4.0 and higher versions.in Internet Explorer 4.0 and higher versions.

• All the personal data you enter into your All the personal data you enter into your Microsoft Passport, including your name, Microsoft Passport, including your name, address, and credit card information, are address, and credit card information, are encrypted and password-protected.encrypted and password-protected.

Electronic Wallet Examples

GoogleNetPay Wallet

QwalletWells Fargo Bank

Yahoo! Wallet

• Functions the same way as other electronic Functions the same way as other electronic wallets, but with certain advantages:wallets, but with certain advantages:– Yahoo! hosts several services and shops that Yahoo! hosts several services and shops that

can accommodate its own walletcan accommodate its own wallet– Can be used at more than 10,000 Yahoo! Store Can be used at more than 10,000 Yahoo! Store

merchants merchants

http://help.yahoo.com/help/us/wallet/wallet-07.html

Gator Wallet

• http://www.gator.com/home2.htmlhttp://www.gator.com/home2.html

E- Wallet Project

1.1. What do e-wallets do?What do e-wallets do?

2.2. What, if any difference, is there What, if any difference, is there between the Microsoft.net wallet and between the Microsoft.net wallet and the Yahoo wallet?the Yahoo wallet?

3.3. What is the difference between the What is the difference between the above wallets and the Gator e-wallet?above wallets and the Gator e-wallet?

4.4. What would you recommend to Evan What would you recommend to Evan Moskowitz in Exercise #3 on page 525?Moskowitz in Exercise #3 on page 525?