What's the difference between electronic money and digital currency?

1. Electronic money refers to the money based on financial electronic network, with commercial electronic tools and various transaction cards as the media, with computer technology and communication technology as the means, stored in the form of electronic data (binary data) in the bank computer system, and realized the circulation and payment functions in the form of electronic information transmission through the computer network system.

2. The abbreviation of Digital Currency is DC, which is the abbreviation of "digital currency" in English, and it is an alternative currency in the form of electronic money. Digital gold coins and cryptocurrency belong to digital currency.

Reply time: 2021-11-30. Please refer to the latest business changes announced by Ping An Bank in official website.