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Explain the purpose of online transaction

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Explain the purpose of online transaction

Posted by Krishna Bhanat 3 years, 5 months ago

CBSE > Class 10 > Information Technology (402)

1 answers

Sia ? 3 years, 5 months ago

Online transactions allow people to save many items, such as paper used to make notes, time spent on transactions & counting. Online transactions are very simple and can be performed from wherever using devices that are readily accessible to everybody, such as smartphones, laptops, and so on. In countries such as India, it also assists in eliminating corruption.
Advantages of online transactions

For online shoppers, the simple and best solution.
Such systems seem to be the most powerful and have outstanding reaction times.
Quite easy to use as simple as filling out a form and the site and database servers will handle the rest.
Online banking is totally focused on processing systems for online transactions.
Credit cards are handled by these devices really well.

1Thank You

ANSWER

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CBSE > Class 10 > Information Technology (402)