Payments refer to the process of transferring money in exchange for goods or services. This can happen in various ways, such as using cash, credit cards, or digital wallets. When you buy something, you make a payment to the seller, who then receives the money for their product or service. In today's world, technology has made payments easier and faster. For example, mobile payment apps allow you to pay with just a tap on your phone. Additionally, online shopping has become popular, enabling people to make payments from the comfort of their homes using secure payment gateways.