Methods and Types of Electronic Payment - Credit cards, debit cards and automatic clearing houses are just a few of the methods and types of electronic. E-Commerce Payment Systems - Learn E-Commerce in simple and easy steps It is a very popular electronic payment method to transfer money from one bank. Electronic payment systems have become more popular thanks to increased use of Internet shopping. These systems do not just involve Internet transactions.
Text is available under the Creative Commons Attribution-ShareAlike License ; additional terms may apply. EFT comprises many other concepts of payment system include: Increased security measures, such as the use of a card verification number CVN , located on the back of the credit card, have been added to on-line credit card payment systems. Google Wallet was launched in , serving a similar function as PayPal to facilitate payments and transfer money online. An e-commerce payment system allows you to pay for on-line transactions using electronic payment.
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E-commerce payment system
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