The World of Electronic Money
Discover the possibilities of e-Money
e-Money, as a substitute for cash, provides end-users with multiple uses and benefits. Merchants can accept e-Money, and customers can use it to pay without the mediation of the bank. Open your e-Money account via Wallet mobile application and you will be able to make easy and simple payments at various points of sale. Users of the Wallet application can transfer e-Money to each other and exchange e-Money for cash.
Electronic wallet (e-Wallet)
Electronic money can only be owned by users with a registered electronic wallet who signed a contract with Chip Card.
The user obtains electronic money by simply transferring funds from their own current account to the account of the Electronic Money Institution with a reference number in the form of a registered electronic wallet code, by direct payment or by card payment.
Acceptance of e-Money with merchants
In addition to accepting payment cards and instant payments, merchants have the opportunity to accept e-Money.
All merchants, potential recipients of electronic money, have to sign a contract with Chip Card – Electronic Money Institution for electronic money acceptance.
Merchants who accept electronic money automatically become visible to users of the e-Wallet application.