Saved Bookmarks
| 1. |
what is the payment mechanism which is peculiar to e-business called? |
|
Answer» Digital cash- debit and credit cards Credit and debit card Digital cash The payment mechanism that is typical to e-business is e-cash. The other payment mechanisms mentioned—CoD, cheques, and credit or debit cards—are used for transactions in traditional modes of business as well as in e-business. However, e-cash payment can be made only in the case of online transactions and cannot be used in traditional modes of business. |
|