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Tags: payment instruments, technology
Categories: Economics & Finance
E-Purses are issued by banks to their account-holding customers. Money is loaded into the e-Purse by a transfer from the cardholder’s bank account at a load device. This transaction is on-line and PIN protected, just like a cash withdrawal from an ATM.
(source: http://www.ask.com/question/what-is-e-purse)
