To better understand the way in which an electronic wallet contributes to good financial management, it is necessary to know its main components, which are: Registration and services offered.
Registration and use:
To use an electronic wallet it is necessary to register with an authorized provider that provides this type of tools. The way to register can be both in person through an authorized agent, or by filling out an online form; Both options must always be accompanied by the respective download of the mobile wallet application (CashPak), which can only be used when the registration has been completed.
Services offered:
Electronic wallets make it easier for their users to manage their personal finances through a wide range of services, among which are:
- Service payment: Which includes the payment of basic services such as water, electricity, telephone, cable and internet from affiliated companies; catalog sales orders from affiliated companies and even the payment of loan installments from affiliated financial institutions.
- Cell recharges: To call, send text messages or use mobile internet.
- Receive remittances: In partnership with remittance companies.
- Money transfers: To other electronic wallets or clients of the same provider.
- Money withdrawals: Through authorized ATMs and authorized agencies.