electronic transactions

Computerized money transfers

Electronic transactions are exchanges of money, goods, or information conducted through digital systems rather than physical means.

The term covers online purchases, bank transfers, stock trades, and digital payments: The website processes thousands of electronic transactions daily.

In legal and financial contexts, electronic transactions often carry specific requirements for authentication and record-keeping.

Related

micropayment · real-time processing · data privacy laws · e-wallet · cryptocurrency · encryption · tokenization · payment gateways · fraud detection · identity theft · phishing scam · money laundering · biometric verification · bank transfer · wire transfer · digital signature · QR codes · CAPTCHA

Opposites
payment medium

electronic transactionscash transactions

Purchases made with bills

cash · paper money · coins · checks · hard currency

technological involvement

electronic transactionsbarter

Direct goods-for-goods exchange

bartering · commodity exchange · direct exchange · subsistence economy

traceability and anonymity

electronic transactionscash-in-hand

Payment in physical currency

Family

electronic, electron, electronics, electronically, electric, electrical, electrically, electricity, electrify

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G