Modes of e payment payment cards electronic cash check free check share internet cash wallet smart card 4 5.
Types of e payment system slideshare.
Naimiksha m sc it 1st yr 2.
Electronic payment is a financial exchange that takes place online between buyers and sellers electronically without the use of actual cash or money.
Electronic payment system electronic payment is a form of a financial exchanger that take place between the buyer and.
Everyday people trade goods use services and need to make payments using cash as cash money is the major medium of exchange.
An e payment system is a way of making transactions or paying for goods and services through an electronic medium without the use of checks or cash.
This mode of payment without using cash or cheque is called an e commerce payment system and is also known as online or electronic payment systems.
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E payment system ppt 1.
Banks have developed various payment methods to facilitate the exchange of money that stimulates the growth of commerce helps economic development and.
The indian payment system is transforming from paper mode to electronic mode br two main reasons for such shift are br the regulator has mandated routing all high value transactions electronically to minimize movement of money and risk br at the retail end customers are realizing the efficiency of electronic payments br.
Definition uses of electronic payment requirements types of e payment system benefits of e payment system types of transactions security issues conclusion 3.
Upon completion of the presentation you will be able to understand the concept of electronic payment system and its security services.
Different types of payments payment systems.
Types of eps e cash smart cards credit cards e wallets 7.
The growing use of internet based banking and shopping has seen the growth of various e commerce payment systems and technology has been developed to increase improve and provide secure e payment.
Presentation on electronic payment systems eps made by.
The electronic payment system has grown increasingly over the last decades due to the growing spread of internet based banking and shopping.
Types of e payment by.
Credit such as a visa or a mastercard has a preset spending limit based on the user s credit limit.
It s also called an electronic payment system or online payment system.
Electronic payment system it an e commerce environment payments take the form of money exchange in an electronic form and are therefore called electronic payments electronic payments e payments are an integral part of e commerce and are one of its most crucial aspects.
Working of various electronic payment system.
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Electronic payment system 2.
