#28unit 2e commerce payment system
Online stored value payment system
Preloaded value held in digital accounts.
Paying a friend via PayPal
You log in to PayPal, enter your friend's email and an amount, and PayPal transfers the funds from your linked card or bank account to their PayPal balance — no card details shared between you.
PayPal, Pay with Amazon, Visa Checkout, and MasterPass are stored value systems.