Any of several systems that enable a person to pay for goods and services over the internet. The major difference between electronic cash and online credit card transactions is that electronic cash is anonymous and reusable, just like real cash. also called e-cash.
Electronic money that can be exchanged on the Internet for goods, information and services. It is mostly used for micro-payment solutions. See also micro-payment.
Cash in an electronic form' usually stored on a smart card and/or in a software called digital wallet.
an electronic cash substitute
Also known as e-cash. A system used to transfer cash over the Internet to pay for goods and service.
A method used to transfer funds over the Internet as payment for goods and services. Also commonly referred to as e-cash.
Sometimes referred to as "digital cash". A system seeking to emulate cash over the Internet to pay for goods and services. The key feature of e-cash is anonymity, which implies that money circulates as an electronic token. E-cash systems require sophisticated security.
E-Cash A system by which consumers can transfer the digital equivalent of dollars and cents (also referred to as digital cash) over the Internet or other online connections to pay for goods or information. Typically, this is associated with low transaction values or is a method used between individuals when the seller does not accept credit cards. See Also Micropayments.
