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Principles of Marketing and E-commerce by Pearson
book

Principles of Marketing and E-commerce by Pearson

by Isita Lahiri, Sujit Kumar Ghosh
May 2024
Beginner content levelBeginner
472 pages
19h 53m
English
Pearson India
Content preview from Principles of Marketing and E-commerce by Pearson
E-payment System 325
16.6 DIFFERENT TYPES OF EPAYMENT
Various modes of payment under EPS meet such requirements as traditional systems cannot. This
payment system, which has newly emerged, identi es the opportunities that make the system more pop-
ular. A number of alternative payment mechanisms have been developed under EPS that supplement and
sometimes surpass traditional payment mechanisms. Some of these alternative payment mechanisms
are variations on traditional payment systems, while others are substantially different. In the following
section, eight types of e-payment mechanisms along with their functions and bene ts are discussed.
16.6.1 Electronic Token
Electronic token (e-token or digital token) is a digital object whose ...
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Publisher Resources

ISBN: 9781299487246Publisher Website