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what is credit card and e-currency cards?

 
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associate



Joined: 09 Jan 2015
Posts: 6

PostPosted: Wed Jan 14, 2015 4:57 am    Post subject: what is credit card and e-currency cards? Reply with quote

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eskay
Site Admin


Joined: 03 Jul 2011
Posts: 27

PostPosted: Wed Feb 04, 2015 4:18 pm    Post subject: E-Cards Reply with quote

Electronic money
Electronic money or e-money, is an
evolving term that can have different
meanings but in principle involves
the use of computer networks and
digital stored value systems to store
and transmit money . It may have
official legal status or not. It may be
historical, current or theoretical.
The underlying principle of electronic
money involves the use of computer
networks such as the Internet and
digital stored value systems.
Examples of electronic money are
bank deposits, electronic funds
transfer , direct deposit , payment
processors , and digital currencies.
Electronic money can be understood
as a way of storing and transmitting
conventional money through
electronic systems or as digital
currency which varies in value and is
tradeable as a currency in its own
right.
Definition
A European Commission website
describes electronic money, as “a
digital equivalent of cash, stored on
an electronic device or remotely at a
server.” It cites as one example an
“electronic purse”, in which users
store relatively small amounts of
money on a smart card to use for
small payments. It also points to e-
money being stored on and used via
mobile phones or internet-based
payment accounts.
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alexsmith84



Joined: 24 Jul 2017
Posts: 1
Location: Longmont, CO

PostPosted: Mon Jul 24, 2017 10:55 am    Post subject: Reply with quote

I will read more for sure, tyvm for the link Smile
help with assignment
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