What is an ePurse?

An ePurse is indeed a digital form of storing money for transactions, which allows users to securely keep a balance that can be utilized for various purchases, both online and in physical outlets. This form of digital currency enables convenience and efficiency in handling financial transactions by eliminating the need for cash or physical cards in everyday interactions.

Within the context of electronic payments, an ePurse serves as a preloaded account where funds are stored and can be accessed quickly for payment purposes, enhancing user experience by simplifying the transaction process. It eliminates threats associated with carrying cash and can offer instant access to funds for users, making it a practical solution in today's digital economy.

The other choices do describe related concepts in electronic payments and digital finance. However, they do not encapsulate the primary function of an ePurse as effectively as the correct option does, which directly emphasizes its role in storing money for transactions rather than being limited to specific types of payment methods or financial accounts.