Every bit coin has an address and there is a need to use a key for that particular address. So in this situation, you will need a wallet to store your bit coins in the digital format. This is the reason why btc wallet has been so useful for bit coin owners. It takes only a minute to a transaction by using the online wallet available in any website. But within the stipulated time, lot of things happen in order to process the transaction without any small error and with absolute privacy and security.
How it works?
Whenever you click the button ready to make a payment, immediately the panel appears with the link address and the key in your btc wallet. Then the information is send to the user in a specific encrypted format. Then this sends the information to the payment processor of the financial organization (most often it is a bank) which issued the cards.
After you completing the first transaction there is an option available for you that you can save your details for further use so that you can make the future transactions with ease by just clicking a single button.
On the account of any wrong transactions the facility of availing the refund is very easy and also you can get it in time without any frustrating line of processes. But even the process is simpler for the user it is very secure compared to physical methods where you need wait a long time and go through lots of process of a refund.