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E-Commerce Payment Systems

ves payment from that credit card company after the company subtracts a transaction fee. The customer then pays the credit card company, eliminating the risk to the merchant. Credit cards, like checks, are relatively secure compared to cash. Credit cards are also more portable than checks since a single piece of plastic can be used for multiple transactions (Clark 4).

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E-Commerce Payment Systems. (1969, December 31). In LotsofEssays.com. Retrieved 08:25, May 15, 2024, from https://www.lotsofessays.com/viewpaper/1693649.html