
Online Payments
Online payments are transactions made electronically, allowing you to buy goods or services through the internet. When you pay online, your payment information—like credit card details—is securely transmitted to the merchant’s payment processor via a website or app. This process involves encryption to protect your data. The system verifies your information, approves the payment, and then the funds are transferred from your bank account or card to the merchant. Online payments are fast, convenient, and enable transactions without the need for cash or physical visits, making it easier to shop and pay digitally from anywhere.