Tag: E-Money

E-Money, short for electronic money, refers to digital or virtual currency that is stored and transferred electronically. It is a form of digital payment that allows users to make transactions, purchases, and money transfers electronically without physical cash or traditional banking methods. E-Money typically exists in electronic wallets or accounts and can be used for online shopping, bill payments, peer-to-peer transfers, and more. It offers convenience, speed, and security in digital transactions, making it an increasingly popular alternative to traditional forms of payment in today’s digital age.