e-Wallet

The smart wallet

Problem
Overflowing wallets
Credit cards Identification Paper money Various store cards

Limited pocket/purse space Losing track of wallet items Overspending Numerous security holes

Solution : e-Wallet
Pocket sized Fits in/on existing infrastructure Online budget management Limits for spending Exclude/include certain locations Access all accounts, from anywhere Embedded identification All ID information in one location Scanner Works with all scan types (Barcode, RFID, Strip,...)

Design
Assimilate into any new/existing medium Plastic card Cell phone Jewelry 24/7 online activity monitoring Stop payment/cancellation from the web within
seconds on all accounts

Pricing for extra functionality Fraud protection RFID

Scan options

Image
e-Wallet - Card prototype e-Wallet - Jewelry prototype

e-Wallet - Phone prototype

e-Wallet - Bio-scan prototype

Conclusion
No new infrastructure All transaction accounts/requirements and identification in one location Simple monitoring and security measures e-Wallet

Money

IDs

Credit accounts

Misc. cards

Advertising brainstorm
The following are ad/commercial ideas generated by the team for the eWallet. Each could be made into an online video or television commercial

Advertisement #1
Did you ever lose your wallet? Or forget your wallet at home? How about standing in line and realizing someone snagged your wallet from behind? Introducing E-Wallet, the most convenient way to store all financial information in one place and pay for services on the go. E-Wallet comes in few different variations: jewelry, phone add-on and bioscan. Use it at any grocery, supermarket or gas station just like you use your credit card without swiping it. Just place your e-wallet right next to machine and it will read your information from it. E-Wallet. THE FUTURE of shopping.

Advertisement #2
Location: Line in supermarket. Customer One at cash register: Oh man, I stood here for 20 minutes, only milk to pay for and just realized my wallet is at home! Customer Two: Come on! Move it! I got my own stuff to pay for. Customer Three: Hey guys, there is no need to bicker. I just got this E-wallet from "Blah Blah" and now I dont need to carry my wallet anywhere. As you can see I got my e-wallet as a jewelry piece and all I have to do is just place it on the credit card reader. Here, let me help you with your milk. (touches the card reader with her jewelry). See? Very easy. Customer One: Oh that's awesome! Does it come in any other varieties? Customer Three: Yes! it comes as smartphone app. See? I got it on my Android phone and my sister has it on her iPhone. All you have to do is once again just place your phone on card reader and transaction will go through. Customer Two: Man, let me see it on my phone Customer One thanks Customer 3 and walks out with his milk. Customer Three with sad face: I wonder why more people didnt switch to e-wallet yet. I'm gonna go broke if I will be showing everybody how it works. Customer Two: Got the app! This is like the future! Now I can pay for all of my groceries with my phone or my ring! Voice behind scenes: E-wallet. THE FUTURE way to shop.

Advertisement #3
Concept of commercial: Seinfeld wallet episode. Location: Diner where Jerry discovers George's enormous wallet. Jerry: You have as much cow here, than you do here (burger) George: (puts wallet back in his pocket) My back is killing me. Jerry: It's probably from that wallet! Look, you're on a slant! George: Just need a couple of napkins..(puts it under his other pocket to even himself out) Jerry: Listen, you need to get yourself one of these E-wallets. It's great. All you need is your cellphone and just use it like you would your credit card. No more bricks in your back pocket. George: I need everything in there!! Jerry: You have hard candy in there! Look you can store all your financial information in there and you can even budget and manage all your finances online or on your phone. Its so simple. E-wallet is THE future of shopping. George: (replaces his wallet with Jerry's phone) Wow my back is feeling better already.