Question

Write short notes on the following:

Online transactions

Answer 1

Online transactions enable customers to conduct trade from anywhere in the world and at anytime through the mode of internet. The following are the various steps involved in online trading:
Step 1: Find an appropriate and reliable shopping website and register with it so as to be able to conduct the trade activities.
Step 2: Browse through the various products available with the site, select the desired ones and place the final order.
Step 3: Proceed to the payment window and choose a suitable mode of payment out of the various options available such as cash on delivery, cheque, net banking, credit or debit cards and digital cash.