Credit: Dukascopy Payments: A electronic wallet solution
"Intelligence is the ability to adapt to change" according to Stephen Hawking, and in a fast developing and ever changing environment, technology steps forward constantly. That is why Dukascopy Group is focusing on extending its services and providing its clients with electronic money services. This is a fast-moving and innovative sector as consumers and businesses are increasingly comfortable with the idea of a cashless economy and replacing physical money with intangible electronic money.
Electronic money or e-money is a digital equivalent of cash, stored on an electronic device or remotely at a server. Electronic money exists exclusively equal to amount of fiat currency ( any legal tender designated and issued by a central authority that people are willing to accept in exchange for goods and services, because it is backed by regulation and because they trust this central authority ) exchanged into electronic form. Electronic money is not a cryptocurrency, which value, in contrast is determined by supply, demand and trust in the system.
We are proud to present Dukascopy Payments , the EU-regulated EMI (Electronic Money Institution) 100% owned by Dukascopy Bank SA. Dukascopy Payments is an EU-licensed subsidiary specialized on instant mobile payments. The company's services are based on Dukascopy Connect mobile communicator - a highly secure messenger developed in-house, which encrypts all the messages and pictures, enables video and voice calls and most importantly ensures that any third party has no access to client's private data. The technology is powered by Dukascopy Bank SA.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
