Which technology is used to facilitate online payments in e-commerce? 🔊
The technology used to facilitate online payments in e-commerce is primarily payment gateways. These systems serve as intermediaries, securely processing transactions between consumers and merchants. They handle sensitive information like credit card details and ensure data encryption during transfer to protect against fraud. Payment gateways also support various payment methods, including credit cards, debit cards, and digital wallets, contributing to enhanced customer convenience and satisfaction. Popular examples include PayPal, Stripe, and Square.
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