Ewallet-innovation of technical progress and competition

Abstract

Globalization has produced a growing uncertainty, but also a decrease in the probability of outcome the events caused by changes. The changes have brought about technical progress and competition. The condition for implementing change is the ability to master and understand. The use of smartphones with the possibility of Internet access is increasing exponentially, and thus the popularity of electronic payment for goods and services. Consumers are willing to absorb the information technology as well as to take the certain risks using the mobile applications. The theory of acceptance, use of technology and innovation is offered to the consumers around the world in the form of e-wallets. That is why it is said that the innovation is not one-time action, but a process.

Keywords

• e-wallet
• digitalization
• changes
• e-business