Digital Payment System

A Digital Payment System is a way to transfer money electronically, allowing you to make transactions without cash or physical checks. It includes methods like credit/debit cards, online banking, mobile wallets, and payment apps. These systems use secure technology to authenticate and process payments quickly and conveniently, whether you're shopping online or in-store. Essentially, they connect your bank account or funds to digital platforms, enabling seamless and instant exchanges of money while maintaining security and privacy.