The Efficiency and Effectiveness of E-Wallet Systems in E-Commerce Platforms

Abstract

As technological developments change over time, we can see many organizations that use information systems as the main system to ensure the smooth running of the organization. It is common knowledge that information systems are used to turn data into a useful source of information for decision making in an organization. E-wallet is one of the systems that have been created to be one of the alternatives for payment other than paying by cash or online banking. Many companies provided an e-wallet system such as Touch ‘n Go e-wallet, Boost e-wallet, GrabPay e-wallet, ShopeePay and MAE. This system provided many benefits to users to attract them using the e-wallet system. E-wallet can be one of the best alternatives for payment because it’s very practical and saves time.