The paper system involves the use of $q,,$ while the plastic$-$based system uses

$-$ The electronic system employs computers and similar devices to access bank accounts.

What is electronic cash management?

Cash management activities that are undertaken without the use of paper documents are called which includes the use of both plastic and electronic payment media.

Underlying these transactions are. $($EFTs$)$ in which funds and information are shifted electronically between the accounts of individuals and institutions. These EFTs are used whenever cash or check transactions are not conducted.