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Describe Electronic payment system.

Describe Electronic payment system.

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Kavungya
This refers to a means of making payments over an electronic network such as the internet. It enables the transfer of monetary value electronically or digitally between two entities as compensation for the receipt of goods & services. Here an entity refers to a bank, business and/or individual consumers.
Kavungya answered the question on May 9, 2019 at 12:51

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