Description: The link between online payments and eCommerce lead to other innovative offline payment systems using the power of the internet. Mobile payment methods such as…
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The link between online payments and eCommerce lead to other innovative offline payment systems using the power of the internet. Mobile payment methods such as using an e-wallet and other payment platforms now dominate offline purchases. Online payment is now a term that can be used for offline payment.
The world of eCommerce shows no sign of decline with rapid vertical growth. Though eCommerce is the source of innovation in payment methods, the digital transformation of offline payments is drastically changing. Perhaps, in the next couple of years, the transformation of payment methods will make more sectors around the world turn into cashless societies. Because of that predisposition there are many payment providers who developed mobile applications for financial transactions .