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Commerce · Q303

eCommerce

Graduate and Post Graduate · Commerce · question 303

Q303

__________ is backbone of all E‐payments in E‐commerce.

A.
EFT
B.
EPS
Answer
C.
PayPal
D.
None of these

Answer: Option B

Solution

Answer: Option B
Solution:
EPS is backbone of all E‐payments in E‐commerce. An e-payment system is a way of making transactions or paying for goods and services through an electronic medium, without the use of checks or cash. It’s also called an electronic payment system or online payment system.