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Abstract

An electronic wallet (E-wallet) is an application which used for paying bills, purchasing goods online, transferring money, booking tickets and for many other online transactions. It is mainly used for cashless transactions. It's very convenient online payment method. It is user friendly. Individual have to download an e-wallet app to make e-payments. All the transaction can be done remotely. Because of its distinctive advantageous features it gaining attention from different age groups. As e-wallet's works using internet it creates a set of new risks and vulnerabilities like security threats.  This paper focuses on security issues related to e-wallet transaction and tries to give the different kinds of solutions on it.

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