Question

Adverse impacts of electronic transactions

Answer 1

Answer:

The Macroeconomic Impact of Electronic Payment Usage . ..... method of transaction as the advent of general purpose payment cards has allowed consumers ..... very low or negative relative growth rates

Explanation:

Answer 2

Impacts of electronic transactions:

• Electronic transaction refers to the purchase of goods and services conducted over computer-mediated networks instead of traditional give away system. There is an enormous increase in mounting unregulated buying on the internet.
• Moreover, impulsive and compulsive purchase has the most severely constituted behavioral addiction. It has furthermore disrupted orderly electronic market places.
• Nowadays it’s threatening consumer’s security, as there is a risk of identity theft providing no guarantee for the person making payment risking all his security details.
• It has made troublesome for the small scale business scale. The nature of online business fails itself if the digital payment does not interfere with e-transaction.

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