Virtual Wallet: The Beginners Guide

Mobile wallet

Virtual wallets are available online. When you browse online and look for a virtual wallet in search engines, you will come up with tons of options. What is your aim of search such a mobile wallet? There is always one perfect answer to this. You want to create your own virtual wallet for the online transaction. So, if you are going to search for the best virtual wallet in 2020, you might be looking for white label fintech.

What is this virtual wallet?

The white label fintech is an e-payment software for those getting debit card or mobile wallet online. The software helps the users to have fast, easy and convenient payment transactions online. Purchasing items and saving money are both available on the virtual wallet. It is the most convenient and updated virtual wallet today. Unlike with the other virtual wallet, it has limited locations. Meaning, it only covers one location or only for national use. White label software can be used globally. The user can even transfer money for free in any part of the world. If you are a beginner, then this is the reason why you are here in this content.

The guide for beginners

Beginners must spend time here to understand how the virtual wallet works. First, as a beginner, you should be aware that you need to follow some steps on how to become a user. Here are steps to follow to become a user:

Mobile wallet

  • Download the e-payment software. After you download the software, you will be asked to log in to the existing account or create an account before you can finally open the software.
  • Create an account. By creating an account, you need to click on the “register” button. After hitting the button, you will be asked to provide personal information. The personal information will be recorded and saved to your account.
  • Verification. After filling up the form, you need to verify the account. You need to confirm by checking your email or the mobile number you have provided to get the code. After that, you are completely a verified member.
  • Deposit an amount. The virtual wallet has zero balance after creating. So, to put some funds, deposit an amount you wish to have in the mobile wallet. After that, the funds are deposited instantly. No time-zone conflicts, it automatically appears on your account.
  • Purchase and pay. You are on the last step if you wish to purchase an item online, the virtual wallet is ready for use. Hit the order now button and choose your virtual wallet as a mode of payment.