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On your website, it is mentioned, “e-Wallet solution (stored Value)- does not imply that a software wallet is provided. That is optional and comes under iOS & Android App or White-Label Website”. Can you please provide more details on this?

The question in full

On the Faisal Khan & Co website, we clarify that having 'Stored Value' capability means your platform has the legal and technical authority to maintain a balance for a user—it does not automatically mean a mobile app or website is included in the base package.

Answer

The E-Wallet is the ability to hold client funds indefinitely and not as a payment institution for STP. It does NOT come with any software. That is a separate subject matter altogether. The basic difference between STP and E-Wallet is the ability to custody funds indefinitely. 

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Faisal KhanAnswered 07/Aug/2026
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Page Last Updated: 07/Aug/2026 (2596545)