What is Digital payment?
Digital payment: Paying electronically instead of with cash.
Where Digital payment fits
Digital payment is part of Online Business in Digital & Tech. Online business sells through websites and marketplaces. Landing pages, SEO, ads and checkout design drive conversion, and cybersecurity protects customers.
Practical tip
Test your funnel, protect data and use two-factor authentication.
Related terms
- E-commerce
- Buying and selling goods or services online.
- Cybersecurity
- Protecting systems and data from digital attacks.
- Automation
- Using technology to do tasks without manual work.
- Minimum viable product
- The simplest version of a product that lets you test an idea.
- Landing page
- A web page built to turn visitors into leads or buyers.
- Cloud computing
- Renting computing power and storage over the internet instead of owning servers.
- Digital marketing
- Promoting products through online channels.
- Pay-per-click
- Advertising where you pay each time someone clicks.
Formulas you will use with it
Test yourself
Which term means: “Paying electronically instead of with cash.”?
Digital payment · Automation · Minimum viable product
Answer: Digital payment
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