what do you mean by online transaction
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18
Answer:
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 password protected. Three steps involved in the online transaction are Registration, Placing an order, and, Payment.
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8
Explanation:
Online transactions are familiar to most people. Examples include: ATM machine transactions such as deposits, withdrawals, inquiries, and transfers. Supermarket payments with debit or credit cards.
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