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What are the differences between a wallet, a payment agent, and a US account?
What are the differences between a wallet, a payment agent, and a US account?
Updated over 5 months ago
  • Wallet: A digital wallet allows you to store payment information/passwords and use funds electronically but without the protections and flexibility of a bank account.

  • Payment Agent: An intermediary that processes payments on behalf of others.

  • US Account: A US bank account offers full banking services, FDIC protections, and flexibility in managing funds.

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