Electronic transaction processing system with escrow card

摘要

An electronic transaction processing system for transferring a monetary value between a payer and a receiver includes a first memory apparatus storing a payer's digital cash, a second memory apparatus storing a receiver's digital cash, and a third memory apparatus storing temporarily the payer's digital cash transferred from the first memory apparatus. A transaction is processed by transferring the digital cash transferred from the first memory apparatus to the second memory apparatus via the third memory apparatus.