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CHAPTER 7 E CASH, MICRO PAYMENT AND MOBILE PAYMENT SYSTEM 1. CASH SYSTEMS Using cryptography, cash was introduced by Gary Tulip with his partner, Larry Lee of Insult, Sarawak as an anonymous electronic
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What is e- cash micro- payment?
E-cash micro-payment is a small electronic payment made online for goods or services, typically involving small amounts of money.
Who is required to file e- cash micro- payment?
Individuals or businesses who receive or make electronic micro-payments are required to file e-cash micro-payment.
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To fill out e-cash micro-payment, one must provide details of the transaction such as amount, payer/payee information, date and purpose of payment.
What is the purpose of e- cash micro- payment?
The purpose of e-cash micro-payment is to facilitate quick and convenient online transactions for small amounts of money.
What information must be reported on e- cash micro- payment?
E-cash micro-payment must include information such as amount, payer/payee details, date of transaction, and purpose of payment.
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