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e-payment

Did You Know E-Payment Model?

Currently, there are several e-payment methods are popular in the world like a payment using credit cards, shopping cards (purchasing cards), Electronic Funds Transfer (EFT), a digital check (e-check), electronic money (e-cash), micropayments, electronic wallet (e-wallet), and PayPal. In 1950, the credit card was introduced but its use of new widely used by people in country in recent years. The drawback of most of the credit card transaction is that there is a minimum requirement, so it can not cope with transactions in small amounts. (more…)