Electronic money: definition and functions

Abstract

The article reflects the origin of the term «electronic money», as well as the main properties of electronic money; author's definition of electronic money is stated in the article. The author concludes that electronic money from economic and legal point of view could not be qualified as money in its common sense but they comply with certain functions of money.

Keywords

• электронные деньги
• платежная система
• кредитная организация