{"id":1683,"date":"2023-10-17T13:36:13","date_gmt":"2023-10-17T04:36:13","guid":{"rendered":"https:\/\/bitwallet.com\/?post_type=glossary&#038;p=1683"},"modified":"2024-02-13T14:16:18","modified_gmt":"2024-02-13T05:16:18","slug":"e-money","status":"publish","type":"glossary","link":"https:\/\/bitwallet.com\/en\/support\/glossary\/e-money\/","title":{"rendered":"e-money"},"content":{"rendered":"\n<dl>\n<dt>how to read<\/dt>\n<dd>How to read in Japanese: e-money<\/dd>\n<dt>synonyms<\/dt>\n<dd><\/dd>\n<dt>antonym<\/dt>\n<dd><\/dd>\n<\/dl>\n\n\n\n<p>E-money is electronic money that can be used to make payments using a special electronic money card or mobile wallet instead of cash or credit card payments.<\/p>\n\n\n\n<p>In order to use the e-money, you need to charge money to your e-money account. Most of them charge any amount of money in advance or auto-charge at the time of payment, but there are also some types that charge the required amount from a credit card after payment is made. The former is called prepaid type or auto-charge, and the latter is called post-pay type.<\/p>\n\n\n\n<p>E-money can be broadly classified into two types: transportation and commercial, but numerous more types of e-money are in widespread use. Transportation e-money can be used not only for paying train and bus fares, but also for shopping at affiliated stores and vending machines.<\/p>\n\n\n\n<p>Electronic money offers many advantages. First, it eliminates the need to carry change. Unlike paying with cash, there is no need to carry more change.<\/p>\n\n\n\n<p>Secondly, the fact that payment can be completed more quickly than with cash or credit cards is also preferred by today&#8217;s busy people. This is because they do not have to count the money or sign for credit card payment; they simply hold the card over a dedicated terminal and the payment is completed promptly.<\/p>\n\n\n\n<p>Another advantage of prepaid e-money is that it is easier to use than credit cards for small payments. On the other hand, for those who tend to overspend when using a credit card, prepaid e-money has the advantage that it can be charged up to the budgeted amount to prevent overspending.<\/p>\n\n\n\n<p>By the way, dedicated cards and mobile wallet are the most common tools used for e-money payments, but other types are beginning to spread as lifestyles change. Examples include smartphone applications, smartwatches, and wristwatch bands.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>E-money is electronic money that can be used to make payments using a special electronic money card or mobile wallet instead of cash or credit card payments.<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"footnotes":""},"genre":[65,68,66],"initial":[120],"initial-ja":[263],"class_list":["post-1683","glossary","type-glossary","status-publish","hentry","genre-genre01","genre-genre04","genre-genre02","initial-ini-e","initial-ja-ini-ja-te"],"_links":{"self":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary\/1683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":5,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary\/1683\/revisions"}],"predecessor-version":[{"id":3705,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary\/1683\/revisions\/3705"}],"wp:attachment":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/media?parent=1683"}],"wp:term":[{"taxonomy":"genre","embeddable":true,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/genre?post=1683"},{"taxonomy":"initial","embeddable":true,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/initial?post=1683"},{"taxonomy":"initial-ja","embeddable":true,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/initial-ja?post=1683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}