Electronic cash (or digital cash, digital currency, electronic money, e-money,digital money, electronic currency) it is money that exchanged only electronically.
In general, to electronic cash include electronic payment systems, cashless payment systems and money transfer services.
Electronic rayment systems mainly based on instant credit card or guaranteed credit card of many financial institutions and organizations ( VISA, MasterCard, Union Card, JBC, Discover Card, American Express and other credit cards ).
Money transfer services, money orders, and bill payment service provide by banks and world's finance services companies like MoneyGram and Western Union.
There is a great variety of independent internet money systems, which are issued by banks and loan institutions. Today emissions electronic cash is not licensed by state government, but works on the legal framework started by law world's society. Biggest online payment systems:
Gold based digital currency: e-gold, VirtualGold, GoldMoney, e-Bullion, e-dinar, GoldExchange, c-gold, Crowne Gold, Pecunix, Liberty Reserve.
Independed e-commerce business allowing payments through the Internet: PayPal, Bpay, Smart2pay, WebMoney, EaseCard, eNets, EPS, Print&Pay, Google Checkout, Yandex Money and many others.
Electronic cash can't give you credit card offer or mortgage, but you can use it for payment on web services and even in forex exchange.