Page 6 - White and Green Simple Business Book Cover

3. ELECTRONIC

BASED (E-MONEY)

THIS TYPE OF ELECTRONIC NON-CASH

PAYMENT INSTRUMENT IS OFTEN KNOWN AS

ELECTRONIC MONEY (E-MONEY). GENERALLY,

E-MONEY THAT IS OFTEN USED CAN BE IN THE

FORM OF CARDS OR SERVERS. FOR EXAMPLE,

BRIZZI, GO-PAY, OVO, AND DANA. E-MONEY

CAN ALSO BE USED TO MAKE TRANSACTIONS

WITH SMALL NOMINAL AMOUNTS IN THE RIGHT

AMOUNT. THIS MEANS THAT YOU DON'T NEED

TO BOTHER RECEIVING 'CHANGE' WHEN MAKING

TRANSACTIONS AT MINIMARKETS

OR GROCERY STORES THAT PROVIDE ACCESS

TO E-MONEY PAYMENTS.