We all love online shopping. It has many advantages that
really drag us towards e-commerce site to buy a product. One such key feature
is the online payment system. This will make the process of purchasing a
product easier. People find more secure when they transfer money online. They
will get an immediate notification once the payment is done. Now let us analyze
the different types of payment systems that e-commerce platforms support.
Credit card
This is one of the popular types ofonline payment systems. You
may not have enough amount in your account but can use your credit card to buy the product online.
All you need is to enter your credit number and the expiry date in the
respective e-commerce page and then the rest will automatically be processed.
The use of a credit card
verification number is being introduced into the online credit card payment
system. This will help to identify the fraud by comparing the CVN with the card
holder’s information.
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