Tell about modern time electronic payment systems ?

hi

hello every one

What are the different types of electronic payment systems?

Types of Electronic Payment Systems
Automated clearing house (ACH)
Wire transfers.
Item processing (IP)
Remote deposit capture (RDC)
FedLine Access Solutions.
Automated Teller Machines.
Card Services (ATM, credit, debit, prepaid)
Mobile Payments.

yes

yes afcorse

nice thinking

really mind blowing

How does electronic payment processing work?

Electronic B2B credit card processing works the same way as a typical B2C transaction:

The gateway captures the transaction request, encrypts the payment information, and routes it to an acquiring bank.

The issuing bank generates a response—yes or no—and sends it back to the acquiring bank via the card network

What types of electronic payment systems are required in e commerce?

What are the different types of e-commerce payment systems?

The different types of e-commerce payments in use today are:

Credit Card. The most popular form of payment for e-commerce transactions is through credit cards. ...

Debit Card. Debit cards are the second largest e-commerce payment medium in India. ...

Smart Card. ...

E-Wallet. ...

Netbanking. ...

Mobile Payment. ...

Mobile Payment. ...

Credit Card

The most popular form of payment for e-commerce transactions is through credit cards.

It is simple to use; the customer has to just enter their credit card number and date of expiry in the appropriate area on the seller’s web page. To improve the security system, increased security measures,