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Introduction
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Deep, deep dive
Summary
- E-wallets are a convenient way to make payments as an alternative to cash or cards.
- By paying with an e-wallet, you could save some money by getting cashback or collecting rewards like discounts, which you might not get when paying in cash.
- E-wallets can be helpful to track your expenses because it stores your transaction records. However, since e-wallets are convenient to use, you might end up spending more than you planned. So, make sure you monitor your usage closely!
- E-wallets are fairly secure, but anything electronic can almost never be fully protected against risk. So, as a minimum security measure, always have a password for your e-wallet.