Question

What is advantages of online transaction

Answer 1

Answer:

Advantages of online transaction are:

1. Low labour costs. Since online payments are usually automatic, they have lower labour costs than manual payment methods, such as cheque, money order, cash and EFTPOS.
2. Convenience for online sales. ...
3. Automatic. ...
4. Fast transaction speed. ...
5. Low risk of theft.

Explanation:

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