Electronic money
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Electronic money is a type of money that exchanged only electronically, for example using internet or computer networks.
The best know electronic money is PayPal. This system allows to transfer money through the Internet, and it is alternative, low cost method of money orders. PayPal is a subsidiary of eBay.
Neteller is a electronic money payment service, based in the Isle of Man. Neteller has provide such services like Mastercard debit card which allows to withdraw funds in simple way.
E-gold present other type on Electronic money - digital gold curency. This system allows to transfer units of gold between users of e-gold. Next digital gold curency is e-Bullion. This registered in Panama service allows to transfer of gold and silver based electronic currency between user accounts.
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