3. Use of electronic means to convert
current cash transactions

4. Card-based such as: Credit and charge cards
•buy now, pay later
 Debit cards
•buy now, pay now
 Cash cards, stored-valued, e-cash
•buy now, prepaid or pay before

6. • Credit and Debit card
• Digital Currency
• E-Wallets
• Peer-to-Peer Methods
• Smart card
• Micro-payments
• B2B

7. Buy now, pay later
In B2C business, it continues to be the most used form of payment
system given its high convenience.

10. On-line
Off-line

13. • More efficient , Eventually meaning
• lower prices Lower transaction costs
• Anybody can use it , Unlike credit cards,
And does not require special authorization

14. • Tax trail non-existent, like regular cash
• Money laundering
• Susceptible to forgery