11th Class Business Studies Business Services Question Bank Business Services (Short)

  • question_answer
    What is Digital Payment?

    Answer:

    Ans.     Digital payment is a way of payment which is made through digital modes. In digital payments, payer and payee both use digital modes to send and receive money. It is also called electronic payment. No hard cash is involved in the digital payments. All the transactions in digital payments are completed online. It is an instant and convenient way to make payments.


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