Articles
[01/12/2009] Online Payment
Online payment or e-commerce systems provide facility for making online transactions. It is also called as Electronic Data Interchange. Online Payment system has become popular in web design because of the globally use of banking and online-shopping. In early years of online payment, because of increased risk of internet fraud many consumers were worried about using their debit card and credit card over the internet. Recently research result showed that in UK 30% of people do believe online payment system and do not use online payment system. However 54% people believe that it is much safer to shop online. Numbers of different payment system are there for online merchants that includes debit and charge card, traditional card, e-cash, mobile payment and digital wallets. Third party companies also allow online transaction such as World or Paypal.Online payment is usually used in more complex web developments.
