Similar to a bank account, funds held in an E-Wallet account are protected by local financial regulations. E-Wallet providers and partners like Topremit are required to check the identity of their users - making it much harder for fraudsters and criminals to use these services illegally.
E-Wallet services store a record of every transaction and account balance, so even if the phone or SIM card is lost or stolen, the user's money is kept safe. Additionally, every transaction requires identification in the form of a secret PIN.
For more information about the security benefits of E-Wallet in your home country, please visit your local E-Wallet provider's website.