E-commerce- Payment Methods On the Net
Almost 360million people worldwide use the internet regularly and one in four of these have made online purchases.Most of these transactions have been made using credit cards because they have had no other option.In this report I will attempt to identify and explain a series of e-payment methods which I could employ in the day to day running of my business.While doing this I will attempt to show the benefits they will bring to my businees and prospective customers alike while briefly including the key features of the payment systems I have identified. These cards store information on a chip contained within the card itself.These chips can store an incredibly diverse amount of information and the ability to store digital signatures and financial information is essential.The cards largely operate on the same principal as top-up phone cards where the chip is “topped-up” with a monetary amount which is then used for cash purchases.When this cash is spent,the chip is recharged with more money.The level of security and convenience with these cards is high as is the level of privacy and they are widely believed to be a genuine competitor of more widely used credit cards such as VISA and Mastercard.It is my belief t
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Some common words found in the essay are:
Paypal Paypal, , Nochex Nochex, Facilities Saferpay, Saferpay Club, VISA MastercardIt, credit card, bank account, paypal account, send money, card holders, § consumer, credit cards, money paypal, money paypal account, bank account using, money bank, send money paypal, receive payments, account using debit,
Approximate Word count = 1042
Approximate Pages = 4 (250 words per page double spaced)
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