E-PAYMENT SYSTEMS

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E-PAYMENT SYSTEMS:

E-PAYMENT SYSTEMS ISHWAR SINGH RAGHUWANSHI

WHAT IS E-PAYMENT SYSTEM:

WHAT IS E-PAYMENT SYSTEM ELECTRONIC PAYMENT SYSTEM IS ALSO CALLED ONLINE PAYMENT SYSTEM. ELECTRONIC PAYMENT IS A FINANCIAL EXCHANGE THAT TAKES PLACE ONLINE TRANSACTION BETWEEN BUYERS AND SELLERS…

ELECTRONIC PAYMENT SYSTEM:

ELECTRONIC PAYMENT SYSTEM SELLER’S BANK BUYER’S BANK INTERMEDIARY SELLER BUYER GOODS & SERVICES PAYMENTS INTERMEDIARY CONVERTS OUTSIDE & INSIDE MONIES :OUTSIDE MONEY FLOWS : INSIDE MONEY FLOWS

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