Business Studies, asked by karishma5674, 11 months ago

Explain the protocols that used in e payments

Answers

Answered by abhirock51
4

Answer:

Electronic payment is an integral part of electronic commerce. Broadly de-fined, electronic payment is a financial exchange that takes place online between buyers and sellers. The content of this exchange is usually some form of digital financial instrument (such as encrypted credit card numbers, electronic checks, or digital cash) that is backed by a bank or an intermediary, or by legal tender.

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