Digital Transactions

Digital Transactions refer to financial exchanges that occur electronically over the internet or through digital channels. This encompasses a wide range of activities, including but not limited to online purchases, mobile payments, and transfers of funds through electronic means. Digital transactions often utilize various technologies and platforms such as credit cards, e-wallets, cryptocurrencies, and banking apps to facilitate the transfer of money or the completion of a sale without the need for physical cash or checks. These transactions are characterized by their speed, convenience, and the ability to occur anytime and anywhere, making them increasingly popular in modern commerce. Enhanced security measures, such as encryption and secure authentication processes, are typically employed to protect users’ financial information during these electronic exchanges.