digital payment
Electronic money transfer
Digital payment is any transfer of money that happens electronically rather than through physical cash or checks.
The term covers credit card transactions, bank transfers, mobile payment apps, and cryptocurrency exchanges.
I switched to digital payments so I wouldn't have to carry cash.
Also called electronic payment or e-payment.
- mobile walletPhone-based payment system
- Google PaySmartphone payment platform
- bank transferElectronic movement of money
- instant transferMovement without time lag
- credit cardBorrowed-funds payment tool
debit card · remittance · blockchain · tokenization · cryptocurrency · encryption · fraud detection · direct debit · send money · peer to peer · biometric verification · transaction · direct deposit · wire transfer · wallet · swipe · e-commerce · buy now pay later
- paymentscredit cards, debit cards, credit card, debit card, paycheck
- tech trendsAI, 5G, VR, AR, IoT
- Demonetizationold notes, cash shortage, liquidity crisis, withdrawal limits, currency exchange
- moneydollar, euro, coin, cash, pound
- digital technologyinternet, software, streaming, computers, CGI
- e-commercecheckout, shopping cart, online shopping, cart, online retail
payment medium
digital paymentcash payment
Transaction using physical currency
cash · coins · bills · paper money · hard currency