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Payment platforms

Payment platforms are digital services that facilitate the transfer of money between buyers and sellers. They securely process transactions, whether through credit cards, bank accounts, or digital wallets, allowing for quick and safe payments online or in-store. Examples include PayPal, Stripe, and Square. These platforms manage transaction data, prevent fraud, and often offer tools for businesses to accept and track payments easily. They simplify the payment process, enabling commerce without physical cash or checks, and support various payment methods to suit different preferences and needs.