briefly explain the steps involved in online transaction
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Explanation:
Online transaction is a payment method in which the transfer of fund or money happens online over electronic fund transfer. online transaction process (OLTP) is secure and . Three steps involved in the online transaction are Registration, placing an order, and, payment.
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- Stages of Online Transaction: There are three stages involved to ensure successful completion of online transaction. ...
- Pre purchase/Sale: ...
- Purchase/Sale: ...
- Delivery Stage: ...
- Registration: ...
- Placing an Order: ...
- Cash on Delivery:
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