What is ECash

ECash is a computer generated Internet based system which allows funds to be transferred and items to be purchased by credit card, check or by money order, providing secure on-line transaction processing.

Electronic money (also known as e-currency, e-money, electronic cash, electronic currency, digital money, digital cash, digital currency, cyber currency) is money or scrip that is only exchanged electronically. Typically, this involves the use of computer networks, the internet and digital stored value systems. electronic funds transfer (EFT), direct deposit, digital gold currency and virtual currency are all examples of