Electronic Currency

Electronic Currency also known as E-cash or E-money, refers to money which is exchanged only electronically. Typically, the electronic currency transaction has to be done by involving the use of computer networks, the internet and digital stored value system

The use of electronic currency such as Electronic Funds Transfer (EFT) and direct deposit has been widespread. EFT refers to the computer-based systems used to perform financial transactions electronically while direct deposit is a banking term used to transfer money.

Electronic currency allows its holder to buy the goods and services that the vastness of the internet offers. For example, people used to buy e-cards (e-cash or A-cash) which is used to buy some special or limited items in the online games. A-Cash is the credit system used by AsiaSoft Passport. AsiaSoft Passport members will be able to use A-Cash to redeem for game cash that are to be used in all games published by AsiaSoft Online. There are thousands of outlets can get to buy e-cards as long as it is a cyber café, stationary shops (like Popular or Star Book Store) even 7-11. http://maple.asiasoftsea.net/cashshop/stores.aspx?&z=/cashshop/stores.aspx


Malaysia is now successfully started a transit of payment system and has grown into a widely used electronic cash system such as Touch n’ Go card which is very similar to Hong Kong's Octopus card and based on the same type of card. It can be used at all highways in Malaysia, major public transports in Klang Valley, selected parking sites and theme park. User can continue using the card as long as it is pre-loaded with electronic cash. http://www.touchngo.com.my/


Here is a website that can buy & sell E-currecncy, Centre Gold. http://centregold.ca/