BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is e-payment?
A
Electronic payment for buying and selling through the Internet
B
Payment of online software
C
Payment of online services
D
None of the above
Explanation: 

Detailed explanation-1: -Electronic Payments entail the transfer of funds through electronic or digital mediums. You can choose from different e-payment methods like mobile wallets, bank cards, mobile banking, etc. E-payments are quick and efficient, and the fund transfer typically takes place instantly. It is a secure mode of making payments.

Detailed explanation-2: -The most popular methods of electronic payments include credit cards, debit cards, virtual cards, and ACH (direct deposit, direct debit, and electronic checks).

Detailed explanation-3: -What is e-payment? Electronic payment for buying and selling through the Internet. Payment of online software.

There is 1 question to complete.