THE CONCEPT OF ELECTRONIC PAYMENT

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for meat fruits in exchange for leather etc. then after that they began to use coins and then paper currencies and after that they continued for thousands of years to carry out buying and selling operations using the direct cash payment method  Cash until the first bank in history appeared in in Italy. Of course the emergence of banks contributed greatly to solving many problems and opening new horizons for trade exchange both in terms of size and geographical expansion.

In the last twenty years everything has changed completely with the emergence of electronic payment technology. Electronic payment actu Belgium WhatsApp Number Data ally created a true revolution in the world of payment and financial exchange and formed a completely new concept about the idea of ​​buying and selling. In this topic I will discuss the concept of electronic payment what is the idea of ​​electronic payment in the first place the system and technology behind it and the most important methods and means of electronic payment.




Electronic Payment Originally in English electronic payment abbreviated epayment is a new generation of payment methods that is based on Internet and communications technology on the one hand and smart systems linked together for banks and specialized money companies on the other hand. Through electronic payment anyone can transfer money or make a purchase from anywhere in the world without leaving their home and in record time.