What do you mean by E-Business payment system?

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What do you mean by E-Business payment system?

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  • 13 Mar, 2019

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An E-Business payment system is also known as E-payment system in which payment or transactions are made through an electronic medium without the use of cash or checks. Another name of this payment system is an Online Payment System.

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An E-Business payment system facilitates the acceptance of electronic payment for conducting online transactions.

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E-Business Payment System enables users to make online payment thereby, reducing the paperwork and reducing labor & transaction cost.

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