Question

Write only a word or a phrase or a term which can substitute the following statement.
Name the form of electronic currency that exits only in cyberspace.

Answer 1

Digital Cash is the electronic currency that exists only in cyberspace. This currency has no real physical properties. However, it offers the consumers to use it as real currency in an electronic format. Examples of digital cash are money in Paytm Wallet, Google Pay , Amazon Pay Wallet, etc.