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Question
Explain the role of micro electronic payment in E-Commerce.
Short Note
Solution
- An e-commerce payment system facilitates the acceptance of electronic payment for online transactions
- E-commerce payment systems have become increasingly popular due to the widespread use of internet-based shopping and banking.
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Classification of Electronic Payment Methods
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RELATED QUESTIONS
Based on the monetary value e payment system can be classified into ______.
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List the types of micro electronic payments based on its algorithm.
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