In e-commerce, credits cards help to safeguard a buyer. Give reason.

1.	In e-commerce, credits cards help to safeguard a buyer. Give reason.
Answer» Credit/debit card: In e-commerce the buyers and sellers hardly come in contact face to face. Hence, the seller always has a threat if the buyer will pay for his product whereas the buyer has a threat if the seller will send him goods once the payment is made. To solve this problem the buyer uses his credit card to make the payment. In case he feels cheated he can ask the bank within 7 days to stop the payment of the seller. Thus, cards play a very important role in e-commerce.

Answer»

Credit/debit card:

In e-commerce the buyers and sellers hardly come in contact face to face. Hence, the seller always has a threat if the buyer will pay for his product whereas the buyer has a threat if the seller will send him goods once the payment is made.
To solve this problem the buyer uses his credit card to make the payment. In case he feels cheated he can ask the bank within 7 days to stop the payment of the seller.
Thus, cards play a very important role in e-commerce.

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