A way to make purchases over the Internet using an electronic transfer of funds. Eliminates the need to transmit a credit card number over the Internet. E-cash software holds electronic money on the user's computer.
Encrypted electronic data redeemable for real money. Amazing how the economy is evolving.
A trial form of electronic funds transfer over the Internet (and soon by e-mail). The e-cash software stores digital money, signed by a bank, on the user's local computer. The user can spend the digital money at any shop accepting e-cash, without the trouble of having to open an account there first, or having to transmit credit card numbers. The shop just has to accept the money, and deposit it at the bank. The security is provided by a public key digital signature.
Electronic cash - an electronic store of readily exchangeable monetary value.
electronic money or tokens, buy digital money from a bank and store in a digital wallet on a PC.
Digital money, typically in the form of downloadable "digital coins" that can be stored in a bank account, on a PC or on a smart card.
Electronic money, often held on a smart card
electronic cash stored electronically and readily exchanged into monetary value
Electronic cash is a payment mechanism designed for the Internet. It is electronic money that can be passed along from person to person like cash. It is anonymous like cash, and has value immediately. It's cash, not a promise to pay later.