Electronic transactions

Electronic transactions are exchanges of goods, services, or information conducted digitally, typically via the internet or electronic devices. They include activities like online shopping, bank transfers, bill payments, or signing digital agreements. These transactions use electronic systems for authentication, security, and record-keeping, offering convenience and speed. They eliminate the need for physical paper or in-person exchanges, making it easier to conduct business or manage finances remotely. Proper security measures, such as encryption and secure login methods, help protect users’ information and ensure transactions are safe and trustworthy.