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What is an E-Payment and an E-Payment channel?

April 26, 2017channel e-payment

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What is an E-Payment and an E-Payment channel?

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An E-Payment is a non-cash payment made through the Internet, phone, or “over the counter” using a credit card, debit card or e-check. An E-Payment channel describes how an electronic payment service is offered such as through the Internet, phone, and over the counter.