______ in the e-commerce may be a holder of a payment card such as credit card or debit card from an issuer
a) customer
b) issuer
c) Merchant
d. None of the above
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Answer:
A. CUSTOMER
Explanation:
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The correct option is ' a ' (customer)
Customer in the e-commerce may be a holder of a payment card such as a credit card or debit card from an issuer
Explanation: E-commerce sites use electronic payment, where electronic payment refers to paperless monetary transactions. Electronic payment has revolutionized business processing by reducing paperwork, transaction costs, and labor cost. Being user-friendly and less time-consuming than manual processing, it helps business organizations to expand their market reach/expansion.
- Credit Card
- Debit Card
- Smart Card
- E-Money
- Electronic Fund Transfer (EFT)
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