It will make your shopping trip a lot more pleasant. Consider how much business is lost when e-commerce consumers never finish filling out the payment form. So if a site can make it as easy as possible to fill out those irritating forms, it should gain a significant competitive advantage. Spurned by consumers back in 1996, e-wallets may now have evolved to the point where consumers will find their convenience irresistible. That way, consumers needn't re-enter information every time they want to buy something.
Customers can even select a particular payment card from among several in the e-wallet.
The icon doesn't hold any sensitive data. Instead, it serves as a visual link to the customer's bank and card account. This agreement by the major credit card networks, Internet merchants, and technology vendors establishes a standard for Web payment forms and the way information is stored in the wallet. However, many e-wallets are distributed with other applications. Microsoft includes its e-wallet in the latest version of Internet Explorer, but it appears that few of them are launched, thanks to a lack of promotion and difficulty of use.