
Electronic cash is the debit card system of the German Banking Industry Committee, the association which represents the top German financial interest groups. Usually paired with a checking account, cards with an Electronic Cash logo are only handed out by proper credit institutions. An electronic card payment is generally made by the card owner en...
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http://en.wikipedia.org/wiki/Electronic_cash

money represented by data that can be transferred by means of a computer network NOTE - Electronic cash is traded as a token which can be exchanged for real money.
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http://www.electropedia.org/iev/iev.nsf/display?openform&ievref=732-03-30
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