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Smart Card & E-Cash
E-cash storable smart cards can kept and dispense cash electronically, making bills and coins lesser essential. It transfers funds over phone lines, making it simpler to reload your smart cards. You can use this system wherever you see the outlets accepting e-cash. This is basically an electronic wallet that permits person-to-person payments. The telephone or Internet link lets you make this person-to-person payment anywhere in the world. The card can kept around five separate currencies at the similar time.
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Properties : 1. Monetary Value: Monetary value must be backed by also cash, bank - authorized credit cards or bank certified cashier's cheque. 2. Interoperability: E-cash
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