The payment mechanism typical to E-business is ________.

Cash on Delivery (CoD)

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Cheques

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Credit and Debit cards

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E-cash

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Solution

The correct option is D E-cash
E- business is nothing but online buying and selling of goods and services. New concept of e-cash has been introduced. It means paying the money online with the help of online banking or debit and credit card. This mechanism has become typical to e-business and is used by a large number of people now-a-days.

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Similar questions

The payment mechanism typical to e-business

(a) cash on delivery (CoD)

(b) cheques

(d) e-cash

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