Online payment
Online payment Online payment, also known as electronic payment or e-payment, refers to the process of making financial transactions . One of the earliest forms of online payment was credit cards, allowing users to make purchases on websites securely. As technology advanced, various other methods emerged, such as digital wallets, mobile payments, and peer-to-peer (P2P) platforms. Digital wallets store users' payment information, enabling swift and secure transactions without the need to input card details repeatedly. Popular examples include PayPal, Apple Pay, and Google Pay. Mobile payments, facilitated through smartphones and near-field communication (NFC) technology, have gained traction. Users can pay by tapping their devices at compatible payment terminals, fostering contactless transactions. Moreover, mobile banking apps allow users to transfer funds, pay bills, and manage finances on the go. Another significant development in online payments is the rise of cryptocurrencies...