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Title:
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E-MONEY AS LEGAL TENDER: DOES THE STATUS REALLY MATTER? |
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Author(s):
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Safari Kasiyanto |
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ISBN:
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978-989-8704-03-0 |
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Editors:
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Piet Kommers and Pedro Isaías |
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Year:
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2014 |
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Edition:
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Single |
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Keywords:
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E-money, legal tender, payment systems |
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Type:
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Full Paper |
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First Page:
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11 |
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Last Page:
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18 |
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Language:
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English |
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Cover:
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Full Contents:
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click to dowload 
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Paper Abstract:
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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. |
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