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Electronic Money

電子マネー / e-money — Institutions

Money used at stores by converting a prepaid amount into an electronic record. Trust in the issuer is a prerequisite.

A scene for the related term “Account” — Greece Sixty Euros a Day / Queues at the ATM

The balance is a liability of the issuer. If the issuer fails, the balance is only refunded within the limits stipulated by law. ⚠ With newer payment methods, it is important to verify who bears the liability behind the scenes.