Customer`s Attitude towards payment in online shopping

Abstract

The traditional system is replacing by the digital system. The traditional payment systems are Cheques , withdrawals, drafts, money orders, letters of credits, travel cheques etc. why Payment systems also turning into electronic payment system using computer and internet there are several reasons of adaption . The most common reason is that the traditional system has some leakages and inefficiency and that’s overcome by the digital payment system The traditional system is replacing by the digital system. The traditional payment systems are Cheques , withdrawals, drafts, money orders, letters of credits, travel cheques etc. why Payment systems also turning into electronic payment system using computer and internet there are several reasons of adaption . The most common reason is that the traditional system has some leakages and inefficiency and that’s overcome by the digital payment system The traditional system is replacing by the digital system. The traditional payment systems are Cheques , withdrawals, drafts, money orders, letters of credits, travel cheques etc. why Payment systems also turning into electronic payment system using computer and internet there are several reasons of adaption . The most common reason is that the traditional system has some leakages and inefficiency and that’s overcome by the digital payment system. The era of information technology has spread its utilities to the users through mobile, laptop, personal computer as these appliances are connected with internet facilities. It made easy for the routine as payment and transaction, ticket booking, entertainment has been made easy with the use of internet. In product purchase the main hurdle or the risk factors felt by consumer`s were online electronic payment. Consumer can make online payment for the purchase product with the option of payment system internet Banking, electronic cash, e-valet which helps the consumer the product purchase easy