BY

HARSH RAJ(A1603717006)
 INTRODUCTION

E-payment system is a way of making transactions or

paying for goods and services through an electronic
medium without the use of check or cash. Its also
called an electronic payment system or online payment
system. he electronic payment system has grown
increasingly over the last decades due to the widely
spread of internet-based banking and shopping. As the
world advance more on technology development, a lot
of electronic payment systems and payment processing
devices have been developed to increase, improve and
provide secure e-payment transactions while
decreasing the percentage of check and cash
transaction.
DEBIT CARDS
 CHARGE CARDS
Are similar to credit cards except they have no
revolving credit line so they have make payments
every month.

E-WALLETS
E-wallet is a card with microchip.
Replaces cash & coins for small ticket purchases
like road/bridges tolls, pay phones.
It is convenient & safe way to carry less cash.
Example Microsoft Wallet.

 PEER-2-PEER PAYMENTS

Online financial transfer

through e-mail address.
Reduces risk of fraud &
overdrawn a/c.
Example paypal services.
THANXXXX