The advantages of using electronic cash

  

Date Posted: 9/20/2013 7:35:18 PM

Posted By: prey  Membership Level: Gold  Total Points: 1405

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These words mean exactly what they sound like, electronic money. This is the kind of money that can be saved or even used electronically like through the internet or some other electronic means. It not physically, you can see it on some website or on your electronic gadget, but you cannot really touch it like you are used to touching money or even smell it like I love to smell fresh notes that I have just withdrawn from my overweight bank account. (Yes, I hate to brag, but my bank account is huge.)

So, as I have openly stated, electronic cash has many uses and the few that I have mentioned are so few compared to all the uses of electronic cash, that you could say I have not yet stated what electronic cash is used for. Even so, it has its advantages. I would like to outline just but a few of them.

The advantages of electronic cash
1) It is very flexible.
You can store electronic cash online whereby you are a billionaire but you do not even have a single cent on you, and at the same time, you could withdraw it or store it any other place offline.

2) It is portable.
You can send the cash to any place on the planet that has on internet connections.

3) It allows the purchase of items that have very low prices.
When you are buying things at the supermarket here in Kenya, the person whom you pay does not always have change for you. Also, the cheapest items at the supermarket are either only one shilling or if they are priced at fifty cents, the total of these items must be an even number. However, when it comes to electronic cash, you can even buy an item valued at Kshs.0.000012. Also, you do not have to worry about

change.

I am a huge fan of electronic cash. I have been using it since I started marking a few cents only up to now. I am not really forcing anyone to use electronic cash, but I am definitely very sure that if you are not using electronic cash, then you are missing out on a lot. I would not like to be you if you have never used electronic cash.

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