Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “electronic cash”

electronic cash

noun [U]     (also e-cash, also electronic currency, also e-currency, also electronic money, also e-money, also digital cash)
money kept in electronic form which allows a buyer to pay for goods and services on the internet without using a credit card: The Electronic Commerce Promotion Council has worked to harmonise Japan with other countries by promoting online shopping and electronic cash.
money kept in electrical form on a smart card, that can be used to pay for goods and services in shops, etc. without using a credit card: an electronic cash card/register/system The electronic cash can be given to a shopkeeper to pay for goods by simply slipping the card into a reader
(Definition of electronic cash noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of electronic cash

More Business English definitions for “electronic cash”

Word of the Day

well in (with)

to have a good relationship with someone in which they like you and from which you get an advantage

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More