electronic cash Meaning in the Cambridge English Dictionary

Meaning of “electronic cash” in the English Dictionary

"electronic cash" in Business English

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electronic cashnoun [U]

uk   us   (also e-cash, also electronic currency, also e-currency, also electronic money, also e-money, also digital cash)
moneykept in ​electronicform which ​allows a ​buyer to ​pay for ​goods and ​services on the ​internet without using a creditcard: The Electronic Commerce Promotion Council has ​worked to ​harmonise Japan with other countries by ​promotingonlineshopping and ​electroniccash.
moneykept in ​electricalform on a smartcard, that can be used to ​pay for ​goods and ​services in ​shops, etc. without using a creditcard: an ​electroniccashcard/​register/​system The ​electroniccash 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)
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