e-Cash- Electronic Cash Payment: a System without Use of Paper or Coins

In this 21st century the Internet has made revolutionary impact on all aspects of human life. Out of all, banking operations have greater impact of ICT on its day-today happenings. An e-cash payment system is one of the evidence of impact of internet and information Communication technology jargons. In this process a consumer/client opens an account with the banking organization or other which could give and receive money in the digital coins form. In the case client's account is deposited in the form of real money, as it is attached to the client's checking account in reality. e-CashElectronic Cash Payment: a System without Use of Paper or Coins