Online Payment: How Does It Work?

Category: Internet

Making an online payment is not that different from purchasing at a point of sale. Both work the same way, namely the exchange of a good or service for payment. But in the case of an online sale, unlike a physical transaction, the two protagonists are not in contact. This specificity requires specific operating rules to ensure the smooth running of the payment. What are the prerequisites for the consumer and the merchant to know so that the exchange works properly?