Question

The payment mechanism typical to E-business on the basis of ______.

Options

• Cash on delivery

• Cheque

• Credit and Debit card

Answer 1

The payment mechanism typical to E-business on the basis of credit and debit card.

Explanation:

These electronic payment methods are typically associated with online transactions because they allow instant, secure payments without the need for physical interaction. While cash on delivery (COD) and cheques are used, credit and debit cards are considered the most typical and efficient payment mechanism for e-business transactions.