Online Money Transfers

An e-commerce payment system facilitates the acceptance of electronic payment for online transactions. Also known as a sample of Electronic Data Interchange (EDI), e-commerce payment systems have become increasingly popular due to the widespread use of the internet-based shopping and banking.Over the years, credit cards have become one of the most common forms of payment for e-commerce transactions. In North America almost 90% of online B2C transactions were made with this payment type. Turban et al. goes on to explain that it would be difficult for an online retailer to operate without supporting credit and debit cards due to their widespread use.
Posts about Online Money Transfers
  • 6 Financial Tips for Your Small Business

    As a small business owner, you’re well aware of how tough today’s economy can be. Forbes reported that 8 out of 10 small businesses in the U.S. fail within their first 18 months for a variety of reasons. No matter the cause, however, the failure of a business will almost always have roots in some kind of financial hardship.

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