| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| Electronic Purse | Banking | A specific type of smart-card. A chip in the card provides multiple payment options such as debit, credit, and direct payment from a stored balance. The electronic purse allows for transactions with different merchants in many locations. (references) | |
| Electronic purse | Computing | Instrument for effecting prepaid card transactions, intended for small amounts. Source: European Union. (references) | |
| Electronic purse | Finance | A prepaid card which can be used at the outlets of several service providers for a wide range of purposes, which has the potential to be used on a national or international scale but may sometimes be restricted to a certain area. Source: European Union. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||
