Definition of e-float noun from the Oxford Advanced Learner's Dictionary

 

e-float

 noun
noun
BrE BrE//ˈiː fləʊt//
 
; NAmE NAmE//ˈiː floʊt//
 
[uncountable]
 
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(in Kenya) money that exists in an account that you can access to make payments, transfer money, etc. on your mobile/cell phone, and that you can add to or exchange for cash by visiting an agent More and more people in the region are now using e-float to pay directly for goods and services. Registered users can purchase and sell e-float through any of the company’s 12 000 agents.