Abstract
The pro and contra over the importance of e-money being attributed the status of legal tender has been brought on the table since the early 90s. Is obtaining the status of legal tender really necessary for e-money to strengthen its position as a
means of efficient payments in the economy? What do current major laws around the world say on this idea? This paper tries to shed a light in answering those questions using legal and economics perspectives.
means of efficient payments in the economy? What do current major laws around the world say on this idea? This paper tries to shed a light in answering those questions using legal and economics perspectives.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 12th International Conference e-Society 2014 |
| Editors | Piet Kommers, Pedro Isaias |
| Place of Publication | Madrid, Spain |
| Publisher | International Association for Development of the Information Society (IADIS) Press |
| Pages | 11-18 |
| Number of pages | 8 |
| ISBN (Print) | 978-989-8704-03-0 |
| Publication status | Published - 28 Feb 2014 |
Keywords
- e-money
- legal tender
- payment systems
- regulation