E-wallet: An introduction, how do they work?

Posted on 10.4.2016
Written by Eva Ciga

What is the use of an ewallet? Well, merchants or buyers use ewallets to keep electronic money, just in the same way that one would keep his or her physical money in a physical wallet. Once funds are stored in your ewallet, you can then use your ewallet to purchase from thousands of web sites selling anything from tangible products, services and also entertainment, such as betting, poker and so forth.

Some of the most widely used ewallets are MoneyBookers, Neteller and EcoCard. Several online shops and also online casinos accept them. All merchants who sign up for such ewallet accounts via Areto Systems benefit from very significant reductions in processing fees and setup costs. Also, Areto regularly seek to increase their partners by partnering with other valuable e-wallets.

Why and how to use your ewallet?

So, why use an electronic wallet? It gives one various ways to pay when it comes to paying online. Ewallets provide an easy and safe way of purchasing or receiving payments. To start, you need to place funds into your account. Normally this is done via debit card, credit card, or wire transfer. Some e-wallets provide other services and different benefits.

So, thanks to the ability to purchase and accept payments with your e-wallet through AretoPAY– making payments and receiving payments has never been easier, safer and cost-efficient.

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Further reading

Posted on 1.6.2016

E-Wallet for playing Online Poker Find out you need to have an e-wallet for playing online poker. If you want more information about electronic […]

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