EMONEY
e-money: translation
e-money e-mon‧ey [ˈiː ˌmʌni] also e-cash noun [uncountable] COMMERCE
1. electronic money money stored in electronic form, used to buy things on the Internet without using a credit card:
• E-cash is similar to the electronic fund transfers done between banks.
2. electronic money money that is stored in electrical form on a smart card, used when buying things in a shop:
• Like notes and coins, e-money can be used to pay for goods and services in shops, supermarkets and other locations.
* * *
e-money UK US noun [U] (also electronic money, also e-cash, also digital cash) COMMERCE, E-COMMERCE, MONEY
► »
A number of issues need to be resolved before we see e-money replace cash completely, the most important being data security.