Electronic money (also known as e-money, electronic cash, electronic currency, digital money, digital cash or digital currency) refers to money which is exchanged only electronically. Typically, this involves use of computer network, the internet and digital stored value systems. On the other hand,electronic currency includes electronic fund transfer,direct deposit,paystone technology, pay loadz, big pass, first gate’s click and buy, pepper point and so on.
Let us look at a few an examples of electronic currency
Electronic Funds Transfer is an electronic payment method that you use to pay your tax liabilities. Besid
e that, it is a safe and efficient process for making tax payments. All transactions are governed by strict, nationally established security procedures and occur between financial institutions only at your request.
Federation of Tax Administrators (FTA)

Nowadays, consumers are convenient to use online payment on the internet. No sign up fee, no monthly fee, no fee to buy online and easy to load funds from the comfort of your own home.On the other hand,no fraudulent credit card charge backs and you control your refund policy and easy cash out process and so on.

Paystone provides secure, quick online and is an inexpensive online payment method without the risk of charge backs from fraudulent credit card use.Paystone can efficiently handle small financial transactions (micropayments) as low as $0.25. The ability to process micropayments opens a whole new world for entrepreneurs of all sizes.Paystone also provides an email money transfer option.Beside that,a Paystone account holder can send funds to the email address of anyone in many countries around the world.

On the other hand,Pay loadz provide a service to sell download able items such as software, eBooks, music, movies, digital art, manuals, articles, certificates, forms, files, and anything else that can be downloaded.
It will automated delivery of your digital goods immediately after payment.Consumer can get it easily because it sells anywhere online, your own site, our Store, eBay and more.


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