I've been hearing a lot about digital payment methods recently and I'm curious to know more about them. Specifically, what exactly is a digital payment method and how does it work?
6 answers
Fri Jan 10 2025
It is also commonly referred to as an electronic payment, highlighting its reliance on electronic technology.
Fri Jan 10 2025
The process involves the use of a digital device or channel to facilitate the transfer.
Fri Jan 10 2025
Bank transfers are one example of a digital payment, allowing individuals and businesses to send and receive money electronically.
Fri Jan 10 2025
Mobile money is another method, utilizing mobile phones to conduct financial transactions.
Fri Jan 10 2025
A digital payment is a form of transaction that involves the transfer of value between payment accounts utilizing digital means.