digital transactions
Cashless money transfers
Digital transactions are exchanges of money or value conducted electronically rather than with physical cash or paper documents.
The term covers online purchases, bank transfers, mobile payments, and cryptocurrency exchanges.
Most of my digital transactions happen through my phone now.
The shift toward digital transactions has made commerce faster but raised concerns about privacy and security.
- credit cardBorrowed-funds payment tool
- two-factor authenticationIdentity confirmation requiring two proofs
- cryptocurrencyEncrypted decentralized money
- virtual currencyNon-physical medium of exchange
- payment gatewaySoftware routing card transactions
secure checkout · direct debit · encryption · bank transfer · blockchain · peer to peer · identity verification · biometric verification · mobile payment · buy now pay later · e-wallet · CAPTCHA · UPI · tokenization · contactless payment · cloud computing · wire transfer · instant transfer
- digital economye-commerce, online shopping, online marketplace, online banking, mobile commerce
- Mobile Bankingbanking apps, mobile payments, mobile money, account alerts, mobile deposits
digital transactionscash transactions
Purchases made with bills
cash · paper money · checks · banknotes · hard currency
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