e-money

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Revision as of 05:36, 14 March 2017 by imported>Doug Williamson (Create the page. Sources: The Treasurer, March 2017, p32; ECB Electronic money page.)
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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.


See also