What information does an E-Wallet typically store?

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Prepare for the Certified Compensation Professional (CCP) Electronic Transactions Association (ETA) Exam with flashcards and multiple choice questions. Each question includes hints and explanations to enhance your understanding. Get ready for your CCP exam today!

An e-wallet is designed primarily to facilitate online transactions by securely storing essential payment information, such as credit card numbers, bank account details, and other financial data. Additionally, it often includes shipping details to streamline the purchasing process when making online purchases. This allows users to complete transactions with greater efficiency, eliminating the need to enter their payment and shipping information repeatedly. The focus of an e-wallet is on enhancing the convenience and security of financial transactions rather than managing investment options, personal emails, or business documentation.

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