Online payment processing system can be classified into two types. They are
a) Token Based Payment System.
b) Credit-Card Based Payment System.
a) Token Based Payment System.E-cash: Its a form of digital cash which provides a high level of security. It also reduces the overhead of paper cash.
E-Check: E-check/E-Cheque is another form of electronic payment system(EPS). These check are
a) Token Based Payment System.
b) Credit-Card Based Payment System.
a) Token Based Payment System.E-cash: Its a form of digital cash which provides a high level of security. It also reduces the overhead of paper cash.
E-Check: E-check/E-Cheque is another form of electronic payment system(EPS). These check are
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