336x Filetype PPTX File size 0.14 MB Source: gcp.ac.in
ELECTRONIC PAYMENT
SYSTEM
• 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.
TYPES OF ELECTRONIC
PAYMENT SYSTEM
• Credit Card
• Debit Card
• Smart Card
• E-Wallet
• Netbanking
• Mobile Payment
• Amazon Pay
CREDIT CARD
• 1) EMI payments
• 2) Easy approval
• 3) Customised card limit
• 4) Loans during an emergency
• 5) ATM cash withdrawal
• 6) Discounts and Offers
• 7) Rewards
• 8) Secure pay
DEBIT CARD
• Fast and easy.
• Safer than carrying cash.
• More convenient and safer than
checks.
• Eliminate cost of purchasing
checks.
• Make purchases anywhere
Mastercard® is accepted.
• 24/7 access to funds via ATMs.
SMART CARD
• Authentication
• Secure data storage
• Encryption
• Strong device security.
• Secure communications
• Biometrics
• Personal device
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