Definitions for "Digital Cash"
Keywords:  wallet, smart, serial, electronic, cash
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.
A protocol that allows authenticated, but untracable messages