E-money: Difference between revisions
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imported>Doug Williamson (Create the page. Sources: The Treasurer, March 2017, p32; ECB Electronic money page.) |
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Revision as of 05:36, 14 March 2017
Electronic money.
An electronic store of monetary value on a technical device that may be widely used for making payments to entities other than the e-money issuer.
e-money products can be hardware-based, such as a chip card, or software-based, functioning on a personal computer or tablet.