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Explain the purpose of online transaction

Answer» Online transactions allow people to save many items, such as paper used to make notes, time spent on transactions & counting. Online transactions are very simple and can be performed from wherever using devices that are readily accessible to everybody, such as smartphones, laptops, and so on. In countries such as India, it also assists in eliminating corruption.Advantages of online transactions\tFor online shoppers, the simple and best solution.\tSuch systems seem to be the most powerful and have outstanding reaction times.\tQuite easy to use as simple as filling out a form and the site and database servers will handle the rest.\tOnline banking is totally focused on processing systems for online transactions.\tCredit cards are handled by these devices really well.


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