商品簡介
There have been major changes which are witnessed in the world in the last couple of decades and at the center is the ever-changing phase of technology such as innovations in the way people communicate, do business, exchange information, etc.In almost all of the major fields, may it be science, commerce, or any other applied areas, the use of technology has increased and it has also smoothened the work process. Personal computers, laptops, Smartphones, Tablets, etc. have become our best and most reliable friends. So ingrained is the Internet that it is hard to fathom life without e-commerce - without online shopping and banking and downloading of books, music, and apps. Not only in the personal space, but the internet has also done disruption in the way business and financial transactions are done or handled. It is now very common for the public to make banking transactions online and buying of goods online. A recent development in the monetary and financial sector out of technological developments is the emergence and high usage of electronic money in India. Day by day the physical use of cash is declining. Huge payments are made through mobile wallets, digital wallets, and smart cards. This revolution is because of the fastest development of technology and hence a new branch of commerce that is E-commerce (electronic commerce or EC) emerged. It is defined as the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the Internet. Together with the development of e-commerce, payment transactions are also done by way of the internet. Especially in developed economies, there has been a gradual switchover from the use of paper-based payment mediums to those based on electronics. Electronic money (e-money) is one such new product that has appeared on the Indian horizon.
