Monetary value stored and transferred electronically by means of computer hard drive or server
Answers
Answered by
8
Monetary value stored and transferred electronically by means of computer hard drive or server is known as Electronic Money or E-money.
The term electronic money is ever-expanding because of the rapid technological advancements in this age. Electronic money is kept and transmitted electronically through a number of ways, some of which are as follows.
- Cell phones
- Tablets
- Chip based smart cards
- Computer hard disks
- Softwares stored in servers.
With the addition and growing acceptance of e-money, we are quickly moving towards a cashless society.
Answered by
0
Answer:
electronic money
Explanation:
Similar questions