FAQs

What is an eWallet, and will this technology help me save money?

An eWallet is much like an actual wallet—it keeps your customer’s currency in a bundled virtual form and allows them to purchase virtual goods with this virtual currency. This way, you can process a single larger transaction versus processing multiple smaller transactions. This gives customers the opportunity to pay you a larger amount and then decide what to buy with the credits later. Integrating eWallet technology will save you a lot in processing fees for transactions under $10. CashBox supports eWallets and can manage your customers’ balances.