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The digital token based payment system is a new form of electronic payment system which is based on electronic tokens rather than e-cheque or e-cash. The electronic tokens are generated by the bank or some financial institutions. Hence we can say that the electronic tokens are equivalent to the cash which are to be made by the bank.

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βˆ™ 11y ago
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βˆ™ 12y ago

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Q: What is digital token in e-commerce?
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