Internet money definition
Lets define internet money
Internet money is defined as :
Electronic money (also known as e-money, electronic cash, electronic currency, digital money, digital cash or digital currency) refers to money or scrip which is exchanged only electronically. Typically, this involves use of computer networks, the internet and digital stored value systems. Electronic Funds Transfer (EFT) and direct deposit are examples of electronic money. Also, it is a collective term for financial cryptography and technologies enabling it.
Internet money synonyms
Internet money synonyms :
internet money alternative definition
Internet money or online money is money, cash, income earned on the money via means of spending and receiving money. These means could be credit cards, paypal, etc. Money earned on the internet but also plastic money commonly known as credit cards are all internet money.
So here we have defined what is internet money.
Also read common questions and answers about internet money.
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