When choosing an electronic wallet, it is important to measure its convenience in order to take advantage of all its benefits. Therefore, it is necessary to take into account the following considerations:

The services offered:

There are many types of transactions that can be carried out through an electronic wallet, so when a person chooses one of these tools, he must consider that the services offered respond to his daily needs.

The access and opening hours of the service agents:

A person should choose an e-wallet provider that has service agents (or payment points) that are close to their work or home, and whose opening hours are convenient, as this has many advantages.

Customer service and the reputation of the provider institution:

It is important for a person to evaluate whether the representatives of the institution that provides the electronic wallet service can dedicate enough time to him and with the quality he expects. Also, when choosing an electronic wallet, the reputation of the provider company can help.

Significant aspects of an institution's reputation include the level of trust and familiarity a person feels. With little information and a lot of need, people tend to frequent the institutions with which they are most familiar.

Familiarity is earned with accessibility and effective public relations. Finally, trust is earned over time. When a person uses a product successfully and without complications, it is likely that he will purchase more products / services from the same institution.

The availability of money:

The availability of money is a key aspect to consider when acquiring an electronic wallet, because a person must be aware of the options they have to use and withdraw their money, either through transfers or cash withdrawals (through service agents or ATMs, for example).

The security of money:

The security that electronic wallets provide is very high, since they offer the advantage of not carrying large sums of cash, which can be stolen or lost.

The requirements to register:

Registration to an electronic wallet can be done in person or virtually, but it is generally necessary to have a valid identity document and fill out a form in which some contact information is provided.

Tips:

To better manage money, it is advisable to regularly have a positive balance in the wallet that allows you to carry out various transactions. In addition, to ensure a balance of available money at the end of a period of time, it is a very good idea to set aside around 10% of the income (or a little more, from
be possible).
Also, some ways to save even more include: take advantage of special discounts, buy in bulk and make a list before visiting the supermarket, market or store so that you do not buy anything that is not on the list.