e-money

If public perceives liquidity problems there may be a more widespread withdrawal of deposits or redemption of e-money.

However, if there is a sudden increase in demand for redemption of e-money, it may be a serious problem for the issuer.

In general, e-money should be characterized as a substitute for currency .

Everyday e-money is one novel use for encryption that never would have occurred to the military.

Offline anonymous e-money (true digital cash) is the most complex form of e-money because of the double-spending problem.

The government, however, is caught in an inner struggle over the legal status of e-money operators.

Even though e -money is getting popular, bank notes are still very convenient.

Once anonymous e-money is withdrawn from an account, it can be spent or given away without leaving a transaction trail.

E-money is hardly a vital economic tool for its current users.

Anonymous e-money works just like real paper cash.

We are familiar with the use of e-money smart cards for payment in transport and retail services in our everyday life.

we are also closely monitoring the development of e - money , and its impact on real money and seignorage.

E-tickets? Does that mean I can pay you with e-money?

They would issue e-money for, say, a1 percent surcharge.

May I borrow som e money?

For example, users can video call, surf the Internet, perform E-money services, scan train tickets, etc.

Analysis of E-money's Impact on Monetary Policy