B Com Exam > B Com Videos > E-Commerce > E-Commerce Payment
E-Commerce Payment Video Lecture | E-Commerce - B Com
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100 videos|55 docs|19 tests
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FAQs on E-Commerce Payment Video Lecture - E-Commerce - B Com
| 1. What is e-commerce payment? |  |
Ans. E-commerce payment refers to the process of making financial transactions online to purchase goods or services from an electronic commerce website. It involves the transfer of funds from the customer's bank account or credit card to the merchant through a secure online payment gateway.
| 2. How does e-commerce payment work? | |
Ans. E-commerce payment works by using a secure online payment gateway that acts as a bridge between the customer, the merchant, and the financial institutions. When a customer makes a purchase, the payment gateway securely collects their payment information, encrypts it, and sends it to the merchant's bank for authorization. Once the payment is authorized, the funds are transferred to the merchant's account.
| 3. What are the different types of e-commerce payment methods? | |
Ans. There are several types of e-commerce payment methods available, including credit or debit cards, digital wallets (such as PayPal or Apple Pay), bank transfers, cash on delivery, and cryptocurrency. Each method has its own advantages and security features, allowing customers to choose the most convenient and secure option for their online purchases.
| 4. Is e-commerce payment secure? | |
Ans. Yes, e-commerce payment can be secure if proper security measures are in place. Reputable e-commerce websites use encryption technology to protect customers' payment information during transmission. Additionally, they comply with industry standards and regulations to ensure the security and privacy of customer data. It is important for customers to only make payments on trusted websites and avoid sharing sensitive information through unsecured channels.
| 5. What should I do if there is an issue with my e-commerce payment? | |
Ans. If you encounter any issues with your e-commerce payment, such as unauthorized charges, failed transactions, or incorrect billing, it is recommended to first contact the merchant's customer support. Provide them with all relevant details and documentation to resolve the issue. If the merchant is unresponsive or unable to assist, you can contact your bank or credit card issuer to report the problem and initiate a dispute or chargeback process to recover your funds.
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About this Video
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Nov 22, 2024 Last updated |
Video Description: E-Commerce Payment for B Com 2024 is part of E-Commerce preparation.
The notes and questions for E-Commerce Payment have been prepared according to the B Com exam syllabus.
Information about E-Commerce Payment covers all important topics for B Com 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for E-Commerce Payment.
Introduction of E-Commerce Payment in English is available as part of our E-Commerce for B Com & E-Commerce Payment in
Hindi for E-Commerce course. Download more important topics related with notes, lectures and mock test series for
B Com Exam by signing up for free.
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Video Lecture & Questions for E-Commerce Payment Video Lecture | E-Commerce - B Com - B Com full syllabus preparation | Free video for B Com exam to prepare for E-Commerce.
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Besides explaining types of E-Commerce Payment theory, EduRev gives you an ample number of questions to practice E-Commerce Payment tests,
examples and also practice B Com tests.
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