E-wallet, Credit Card and Debit Card are cashless payment. But what is the difference between them?
Credit Cards
Allows you to pay merchant for goods and services by borrowed money from a bank and only pay at the end of every month. Either you pay all of the money spent or just a partial amount.
Just swipe your card during offline payment.
Debit Cards
Transactions made from a debit card will be directly deduct from your bank account.
Same as credit card, you just swipe your card during offline payment.
E-Wallets
You need to top up your digital wallet by direct transfer from your bank account or by a credit/debit card.
For payment process, you need to scan the QR codes to complete your transactions.
Though some of their functions may similar, but they operate differently.