Economy, asked by Madi3520, 1 year ago

Explain internet security?How e-cash is better than physical cash?

Answers

Answered by Tuahar07
1

Answer:

Lower Cost: Firstly, the cost of using digital cash is extremely low. Normal bank transactions require huge amounts of infrastructure. There are bank branches, tellers, clerks, electronic systems, all of which combine to make transactions possible.

Explanation:

In providing a simple definition of eCash, also known as electronic cash, it is a digital money product that provides a way to pay for products and services without resorting to paper or coin currency. ... The offline form of e-cash involved a digitally encoded card that replaced paper money

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