
Online Transactions
Online transactions refer to the process of buying or selling goods and services over the internet. When you make a purchase, you provide your payment information, like credit card details, to a secure website. This information is then encrypted to protect it from unauthorized access. The transaction is processed through various financial networks, confirming whether funds are available. Once approved, the seller ships the product or provides a service, and you receive confirmation of your purchase. Online transactions have become essential in our digital economy, offering convenience and accessibility for consumers and businesses alike.