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 from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of electronic cash?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “electronic cash”

Word of the Day

justice

fairness in the way people are dealt with

Word of the Day

A certain je ne sais quoi: French words and phrases used in English

by Liz Walter,
January 21, 2015
It is an odd irony that the more sophisticated your use of English is, the more likely you are to use French words and phrases. Or, to be more accurate, ones you know to be French – words such as ballet, au pair, abattoir, fiancé, café, and restaurant are so entrenched in

Read More 

flower beard noun

January 19, 2015
a beard adorned with flowers And some of said beard-rockers are even turning it up a notch, painting trend on top of trend with what’s come to be known as ‘the flower beard.’

Read More