188x Filetype PPTX File size 0.14 MB Source: gcp.ac.in
ELECTRONIC PAYMENT SYSTEM • An e-payment system is a way of making transactions or paying for goods and services through an electronic medium, without the use of checks or cash. • It’s also called an electronic payment system or online payment system. TYPES OF ELECTRONIC PAYMENT SYSTEM • Credit Card • Debit Card • Smart Card • E-Wallet • Netbanking • Mobile Payment • Amazon Pay CREDIT CARD • 1) EMI payments • 2) Easy approval • 3) Customised card limit • 4) Loans during an emergency • 5) ATM cash withdrawal • 6) Discounts and Offers • 7) Rewards • 8) Secure pay DEBIT CARD • Fast and easy. • Safer than carrying cash. • More convenient and safer than checks. • Eliminate cost of purchasing checks. • Make purchases anywhere Mastercard® is accepted. • 24/7 access to funds via ATMs. SMART CARD • Authentication • Secure data storage • Encryption • Strong device security. • Secure communications • Biometrics • Personal device
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