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Identify a new product or service that has just become popular in the last year or...

Identify a new product or service that has just become popular in the last year or two that you believe could only exist due to eBusiness. Describe the product or service, its value proposition, and what there is about this product or service that made it impossible to be sold prior to the rise of eBusiness.

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Answer #1

The service which gained enourmous growth during last year with the help of e bussiness is e-wallets or digital wallets.

E-wallets or digital wallets:- E-wallets refers to the electronic device or online services that allows an individual to make electronic transcations.

e wllets plays a crucial role in present scenerio of life. It is used in making payments ,transfering of cash to different accounts ,it reduces time consumtion and more over it is very user friendly and fast mode of transactions to take over.

e wallets basically is a online services so it requires interent facilities to use e wallets and to avil for interent facilities before 1 year is very expensive ..e wallets majorly depends on internet so without interent it is not possible to make electronic transactions.

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