The difference between e-wallets and electronic passbook

1. Electronic wallet (EP), electronic purse
2. Electronic Passbook (ED), electronic Deposit
3. E-Wallets and e-books are essentially the same type of application, and both are essentially the same on the card and terminal processing process
4. The main differences are:
A. e-wallets generally support only the loop, consumer transactions, and very few e-wallets that support the loop transaction, so the electronic wallet that does not support the lap trading if you want to bring out the money in the wallet, only the pin ring to mention this way
B. e-Passbook support general support, storage, consumption, lap, modify overdraft limit and other functions
C. No personal pin is required for e-wallet consumption, and a personal pin must be submitted when the E-passbook is consumed
D. The consumer details feature in the e-wallet card is optional, most e-wallets only record the details of the record, and do not support the consumption detail record.
E. The consumption breakdown function in the E-passbook card is required, not only to record the records of the record, but also to record the consumption details,

Conclusion:
Supposedly, the electronic passbook is more perfect than the electronic wallet (support the loop, modify the overdraft limit, etc.), more reliable (need to submit a pin for consumption), then why is the application of e-wallet far more extensive than the electronic passbook?
Because e-wallets are simple to use (only for storage and consumption), they are easy to consume (no need to submit a pin), so they are far more convenient and faster than electronic passbook in small scale applications.

The difference between e-wallets and electronic passbook