E-cash, Debit and credit card frauds
Ecash fund can be either stored on a card itself or in an account which is associated with a card. So the most common examples of Ecash system are transit card PayPal, Google Pay, Patio, et cetera. So, Ecash has four major components to discuss. The first one is issuers. Issuers can be banks or non bank institutions coming to the customers, they are the users who spend the e cash. Next, merchants or traders. They are actually the vendors who receive e cash