Key difference between digital cash and credit cash system is.
Key difference between digital cash and credit cash system is.
The correct option is B Both (a) and (b)
Key difference between digital cash and credit cash
system is The digital cash bears serial number similar to on real dollar
numbers and Digital cash certificates
can be reused.
A system that allows a person to pay for goods or
services by transmitting a number from one computer to another. ... This is one
of the key differences between digital cash and credit card systems. Another
key difference is that a digital cash certificate can be reused.
Digital cash is a system of purchasing cash credits
in relatively small amounts, storing the credits in your computer, and then
spending them when making electronic purchases over the Internet. ... Digital
cash can also be stored on an electronically sensitive card.
The figure shows the basic operation. User A
obtains digital cash "coins" from her bank (and the bank deducts a
corresponding amount from her account). ... B receives e-cash during a
transaction and see that it has been authorized by a bank. They can then pay
the cash into their account at the bank.
An e-payment system is a way of making transactions
or paying for goods and services through an electronic medium, without the use
of checks or cash. It's also called an electronic payment system or online
payment system. Read on to learn more.
Key difference between digital cash and credit cash system is The digital cash bears serial number similar to on real dollar numbers and Digital cash certificates can be reused.
A system that allows a person to pay for goods or services by transmitting a number from one computer to another. ... This is one of the key differences between digital cash and credit card systems. Another key difference is that a digital cash certificate can be reused.
Digital cash is a system of purchasing cash credits in relatively small amounts, storing the credits in your computer, and then spending them when making electronic purchases over the Internet. ... Digital cash can also be stored on an electronically sensitive card.
The figure shows the basic operation. User A obtains digital cash "coins" from her bank (and the bank deducts a corresponding amount from her account). ... B receives e-cash during a transaction and see that it has been authorized by a bank. They can then pay the cash into their account at the bank.
An e-payment system is a way of making transactions or paying for goods and services through an electronic medium, without the use of checks or cash. It's also called an electronic payment system or online payment system. Read on to learn more.
