E money
Electronic money ( e - money ) is broadly defined as an electronic store of monetary value on a technical device that may be widely used for making payments to entities other than the e - money issuer. The device acts as a prepaid bearer instrument which does not necessarily involve bank accounts in transactions. ( https://www.ecb.europa.eu/stats/money_credit_banking/electronic_money/html/index.en.html#:~:text=Electronic%20money%20(e%2Dmoney),involve%20bank%20accounts%20in%20transactions.)