What is another word for electronic cash?
Pronunciation: [ˌɛlɪktɹˈɒnɪk kˈaʃ] (IPA) 
Electronic cash or e-cash, refers to a digital form of money that can be used for electronic transactions. As with any term, there are many synonyms that can be used to refer to the same thing in various contexts. Some synonymous terms for this concept include digital currency, virtual currency, e-money, electronic money, e-wallet, mobile payment, and online payment. These synonyms are used interchangeably by banks, businesses, and consumers to refer to the same type of payment, and they all involve the use of computer networks for transactions instead of physical cash or credit cards. Regardless of the term used, the benefits of e-cash are clear: it offers speed, convenience, and security in financial transactions.
