Electronic Transactions
Electronic transactions refer to the process of buying or selling goods and services over the internet. This can include online shopping, digital banking, and mobile payments. These transactions are facilitated by various technologies, such as credit cards, digital wallets, and secure payment gateways, ensuring that the exchange of money and information is safe and efficient.
The rise of electronic transactions has transformed how people conduct business. With the help of platforms like PayPal, Apple Pay, and Amazon, consumers can easily make purchases from the comfort of their homes. Additionally, businesses benefit from reduced overhead costs and the ability to reach a global audience.