I'm wondering if PayPal can be considered as an example of e-money. I'm looking for clarification on this matter since PayPal is widely used for online transactions.
6 answers
Lorenzo
Mon Nov 18 2024
Payment service providers like PayPal and Square also support e-Money transactions.
Davide
Mon Nov 18 2024
E-Money serves as a digital, monetary form of exchange.
KDramaLegendaryStar
Mon Nov 18 2024
Hardware devices like smartphones can be used to store and manage e-Money.
CryptoAlly
Mon Nov 18 2024
It is represented on an electronic device, making it accessible through various platforms.
Lorenzo
Mon Nov 18 2024
Additionally, magnetic devices such as prepaid cards offer another means of utilizing e-Money.