A form of electronic money that can be used to pay for goods and services, most often on the internet or another electronic medium. Upon receiving the buyer's authorization of the payment, the vendor contacts the issuing bank and receives a transfer of funds.
Related information about digital money:
- Electronic money - Wikipedia, the free encyclopedia
Electronic money (also known as e-currency, e-money, electronic cash, electronic currency, digital money, digital cash, digital currency, cyber currency) is ...
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- Get Ready for the Digital Money Revolution - The CIO Report - WSJ
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- A Shift Toward Digital Currency - Room for Debate - NYTimes.com
Apr 4, 2012 ... It's almost inevitable that digital money will soon replace not just the penny, but all physical money — in the U.S., Canada and elsewhere.
- Minting the Digital Currency of the Future | Threat Level | Wired.com
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- Electronic Money, or E-Money, and Digital Cash
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- Digital Money Definition | Investopedia
Any means of payment that exists purely in electronic form. Digital money is not tangible like a dollar bill or a coin. It is accounted for and transferred using ...