Digital cash is a form of electronic currency. Digital cash is issued by a bank, and each piece of digital cash has a unique serial number, and represents a certain amount of real cash. The numbers can be transmitted from a buyer to a seller over the Internet, allowing people to make online purchases.
Electronic cash residing in an electronic wallet or purse. The transfers from a credit card or bank account can fill up wallet or purse. When the customer uses digital cash their funds go into the merchants wallet.
Funds held in an online account, which can be electronically transferred between two parties.
Issued by a bank, this electronic currency or "e-cash" is numerical reference numbers, similar to serial numbers on real currency, that let buyers pay for a product or service electronically. It could be stored in a computer based "wallet" or smart card.
Money that only exists as information. A way to pay for goods over the Internet.
A system for purchasing goods and services on the Internet without using credit cards.
A system that allows a person to pay for goods or services by transmitting a number from one computer to another. Like the serial numbers on real dollar bills, the digital cash numbers are unique.
An electronic replacement of cash.
A system of purchasing cash credits in relatively small amounts, storing the credits in your computer, and then spending them when making electronic purchases over the Internet.
Two main mechanisms in that "digital coins" can be downloaded to the user's PC from a participating bank, or the set up of a digital money account with a bank. Both (encrypted) forms of cash can be sent to merchants for payment.
Money, in the form of information, that can be stored in electronic wallets or on smart cards. Digital cash systems have been designed for use on the Internet for so-called "micropayments" - payments for goods that are too inexpensive to be paid for by credit cards.
is a monetary system of purchasing goods and services in small amounts. The credit is stored on your computer and is updated every time that you make a purchase over the Internet.
Electronic currency that does not exist in the physical world, only in cyberspace.
An electronic version of cash in which the buyer of an item is typically anonymous to the seller.
Electronic money purchased in advance of expenditures, as with a debit card. May be stored as encrypted data in a digital wallet or in a cookie.
Electronic money that is stored and transferred though a variety of complex protocols.
Also referred to as electronic cash, electronic money or digital money. Digital cash is a system of purchasing cash credits, storing the credits in your computer, and then spending them when making electronic purchases over the Internet.
Money/monetary equivalents that can be transmitted electronically, largely outside the established payments system of banks, checks, and paper currency overseen by the Federal Reserve.
Otherwise known as electronic cash or e-cash, this is a new currency for the real world and the Internet. E-cash is just a series of numbers, but those digits mean real cash to issuing banks. E-cash is more like real cash than a credit card because it's completely transferable and reusable. Also See: Smart Cards, Digital Signature, Digital Wallet, Digital Coins, Digital Certificate, and SSL