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    Thread: Advantages and Disadvantages of Electronic Money?

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      Default Advantages and Disadvantages of Electronic Money?

      Advantages of Electronic Money?
      Today we have entered the digital or electronic era. All digital, including money has now turned digital. This time I will discuss electronic money that I know.
      There are 2 types of electronic money that I know, namely E-Money and E-Wallet. The difference between the two is that E-money is usually in the form of a card or chip, whereas an E-wallet is usually in the form of an application. This electronic money makes it very easy for us to transact both online and offline. Besides that, with E-money transactions, it feels faster, easier and does not need to bother carrying large amounts of banknotes, of course, electronic money must have its drawbacks, in your opinion, what are the shortages of electronic money?
      What transactions are the most convenient for traders?


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      Our advantage in using electronic money is that it makes it easy to make transactions in cyberspace. we can quickly make withdrawals and also deposit funds in brokers or online shopping. while the losses we receive if the online payment instrument goes bankrupt or disappears we will not be able to return the funds that we leave because the form of an online bank is only virtual. it's just that we have to look for the regulated and trusted ones for the security of our funds.


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