digital cash

Virtual payment tokens

Digital cash is electronic money that can be transferred directly between parties without going through a bank or payment processor.

Unlike credit cards or bank transfers, digital cash aims to replicate physical currency's anonymity and immediate settlement: Bitcoin was the first widely adopted form of digital cash.

The term covers both cryptocurrency and earlier electronic payment systems designed for online transactions.

Related

cryptography · e-commerce · blockchain · stablecoins · encryption · securities law · tokenization · smart contracts · crypto exchange · Apple Pay · microtransactions · money laundering · SWIFT · Bitcoin · monetary policy · crowdfunding · e-wallet · subscription models

Categories
Opposites
form/medium

digital cashhard currency

Physical money, not digital

paper money · coins · bills · banknotes · cash in hand

technological era

digital cashcash payment

Transaction using physical currency

barter · shell money · wampum

traceability and anonymity

digital cashbank transfer

Electronic movement of money

wire transfer

Family

digital, digit, digits, digitally, digitize, digitized, digitizing, digitization, cash

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G