Definitions [2]
Define electronic payment system.
The term electronic payment refers to a payment made from one bank account to another bank account using electronic methods forgoing the direct intervention of bank employees.
Define micro electronic payment.
Micro electric payment is an online payment system designed to allow efficient and frequent payments of small amounts.
Concepts [6]
- Introduction to Electronic Payment Systems
- Classification of Electronic Payment Methods
- Card Based Payments Systems
- Electronic Account Transfer
- Banking
- Unified Payments Interface
