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When was Electronic Payment Systems Information Technology essay?
When the internet came in 1958 the ecommerce was not found till early 1990s but in past 14 years the technologies are developing new technique rather then before. The success of electronic payment is the one of the reasons behind the unbelievable growth of e-commerce.
What are the different types of electronic payment systems?
There are different kinds of electronic payments systems like Credit cards, Digital cash, EFTPOS, Digital accumulating balance payment systems, Digital credit accounts, Online stored value systems. We will discuss how each of them does work and their benefits and boundaries.
Which is the most common method of payment?
Table 9.1 Security, Liquidity and Worth of the various methods of payment Payment by cheque use to be one of the most common methods of payment. It reflected the decline of payment method in cash in recent years. Cheque guarantee cards guarantee the payment of the cheque to an agreed amount (usually £50 or £100).
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Last Update: Oct 2021
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Noriene
26.10.2021 08:12
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20.10.2021 11:36
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