what is online transaction and payment mechanism.....no spams gyus ♥♥
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Online Transaction :-
It is a payment method in which the transfer of fund or money happens online over electronic fund transfer.
Payment Mechanism :-
It is the principal means for allocating risk and incentivising the contractor to deliver services to the required standard within a public-private partnership contract.
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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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