Search results
Results from the WOW.Com Content Network
Digital currency can be denominated to a sovereign currency and issued by the issuer responsible to redeem digital money for cash. In that case, digital currency represents electronic money (e-money). Digital currency denominated in its own units of value or with decentralized or automatic issuance will be considered as a virtual currency.
In the European Union, an Electronic Money Institution can be licensed in any country member but can act and provide services in all EU and EEA countries. [6] The legal basis for e-money issuance in the European Union is covered by EU Directive 2009/110/EC, on the taking up, pursuit and prudential supervision of the business of electronic money institutions establishes, issued by the European ...
Yandex.Money: Russia: See also. Payment gateway; Payments as a service; Ripple (payment protocol) References This page was last edited on 9 December ...
The term electronic payment refers to a payment made from one bank account to another using electronic methods and forgoing the direct intervention of bank employees. Narrowly defined electronic payment refers to e-commerce —a payment for buying and selling goods or services offered through the Internet, or broadly to any type of electronic ...
By the 2010s, digital payment methods were widespread in many countries, with examples including intermediaries such as PayPal, digital wallet systems such as Apple Pay, contactless and NFC payments by electronic card or smartphone, and electronic bills and banking, all in widespread use. [4]
The search engine that helps you find exactly what you're looking for. Find the most relevant information, video, images, and answers from all across the Web.
For example, Finland's central bank issued the Avant stored value e-money card in the 1990s. [22] In 2014, the Chinese central bank began researching the idea of issuing a CBDC. [23] Elsewhere, the Ecuadorian central bank operated a mobile payment system from 2014 to 2018. [24]
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!