IT430 Assignment No 3 Solution 2021-electronic payment system-VU spring
The electronic payment system has grown increasingly over the last decades due to the growing spread of interest-based banking and shopping. As the world advances more with technology development, we can see the rise of electronic payment systems and payment processing devices.
Keeping the above scenario in your view, answer the following questions
1. What are the fundamental specifications for an electronic payment system? (discuss any five)
2. In Pakistan, how many different e-payment platforms available, explain the working of any three also list down the services they provide to users?
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