What is e-money?
Revision as of 16:32, 22 April 2008 by Gvalaouras (talk | contribs) (New page: Electronic money (also known as e-money, electronic cash, electronic currency, digital money, digital cash or digital currency) refers to money or scrip which is exchanged only electronica...)
Electronic money (also known as e-money, electronic cash, electronic currency, digital money, digital cash or digital currency) refers to money or scrip which is exchanged only electronically. Typically, this involves use of computer networks, the internet and digital stored value systems. Also, it is a collective term for financial cryptography and technologies enabling it.
An example of e-money is Chipknip, an electronic cash system used in the Netherlands.