GlobeSet Inc. said it has begun shipping its digital wallet software for computer servers, designed to improve the efficiency of on-line shopping that previously relied on wallet systems in client personal computers.
The GlobeSet ServerWallet 1.1, known as a "thin wallet" because it removes programming from the PC, can, in contrast to earlier fat wallets, be deployed in the millions through the use of an Internet browser plug-in, GlobeSet said.
Once the thin wallet is downloaded-typically in 20 to 30 seconds compared to 18 to 20 minutes for a fat wallet-the on-line shopper can begin buying on the Internet.
ServerWallet 1.1 also supports multiple languages and multibyte character sets (e.g., Japanese and Chinese), giving issuers the ability to tailor wallets with the appropriate characters for specific regions of the world.
"We have found that fat wallets are just too cumbersome," said Wes Byrne, GlobeSet vice president of product development. ServerWallet 1.1 "provides the market with a product that makes secure electronic commerce faster, easier, and cheaper than any fat wallet on the market."