Top 10 EMIs On The Market – Guides, Benefits, Regulations & Quick Reviews For Better Decisions
An electronic money institution is responsible for a single financial product – electronic money. This type of money can be used for all kinds of transactions, including enterprises from all industries – other than the actual electronic money institutions. Obviously, such institutions – often referred to as EMIs – have to respect some regulations and are similar to banks from many points of view. There are plenty of them out there, but only some of them can provide high quality standards and exquisite security.
Before getting into small details, it pays off understanding the principles of electronic money. This monetary value is not stored physically, but magnetically or electronically. An EMI stores such value into a central...