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#Post#: 685--------------------------------------------------
About e currency
By: Shihab56 Date: August 20, 2015, 10:26 am
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Electronic money, or e-money, is the money balance recorded
electronically on a stored-value card. These cards have
microprocessors embedded which can be loaded with a monetary
value. Another form of electronic money is network money,
software that allows the transfer of value on computer networks,
particularly the internet. Electronic money is a floating claim
on a private bank or other financial institution that is not
linked to any particular account. Examples of electronic money
are bank deposits, electronic funds transfer, direct deposit,
payment processors, and digital currencies. Since electronic
money has come about, several laws have been made to mandate the
growing popularity of electronic money worldwide.Go to the below
link:
HTML http://www.ecxchanger.com
HTML http://www.ecxchanger.com
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