Meaning of “digital cash” in the English Dictionary


"digital cash" in Business English

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digital cashnoun [ U ]

uk us also e-cash

E-COMMERCE money that can be stored in electronic form and used to buy goods and services, for example over the internet:

In the online marketplace, traditional methods of payment are replaced by credit and debit cards and, to a lesser extent, digital cash.

(Definition of “digital cash” from the Cambridge Business English Dictionary © Cambridge University Press)