Digital Payments

Digital payments refer to the process of conducting financial transactions electronically, rather than using physical cash or checks. This encompasses a variety of payment methods, including credit and debit cards, mobile wallets, online banking transfers, and cryptocurrency transactions. Digital payments leverage technology to enhance the speed, convenience, and security of payment processing, allowing individuals and businesses to facilitate transactions seamlessly over the internet or mobile devices. The rise of e-commerce and the increasing reliance on digital services have significantly contributed to the popularity and growth of digital payment systems.