e-moneye-mon·ey /ˈiː ˌmʌni/ (also e-cash) noun [uncountableU]COMMERCE1(electronic money) money stored in electronic form, used to buy things on the Internet without using a credit cardE-cash is similar to the electronic fund transfers done between banks.
2(electronic money) money that is stored in electrical form on a smart card, used when buying things in a shopLike notes and coins, e-money can be used to pay for goods and services in shops, supermarkets and other locations.