There are several online analogies to cash,checks ,credit and debit cards . Thanks following are some of the other most developed. Cybercash: cybercash relies on special software and an intermediary for it's working.the company is creating relationships with it's banks and it is attempting to create a link between the internet and the more secure banking networks . cybercash server can communicate with both systems. Netcash: Netcash cash has being created by software agents and focuses on micropayments . In the concept, Netcash wants to make it easy for the payment of 10cent for a bit of online information .the online equivalent for handling a newsstand vendor a dime for a paper. The controls on it's use do not guarantee anonymity or heavy protection against forgery or fraud, Because the company only deals in small change- transactions under $100 per coupon- these issues are less important. Netcash is entirely email based. It involves buyers , sellers and a bank that converts the coupons in to real money. To begin a buyer creats an account with Netcah purchasing coupons from the bank using standard form of money credit cards or money orders . The Net bank keeps track of the use of the coupons , invalidating coupons as they are used. The buyers sends coupons to vendors , who then present them to the Netbank for conversion into money ..
