Review:
Electronic Transactions
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Electronic transactions refer to transactions conducted over digital platforms, involving the exchange of money or data electronically.
Key Features
- Convenience
- Speed
- Security
- Global accessibility
Pros
- Convenience - Electronic transactions can be done anytime, anywhere, without physical presence.
- Speed - Transactions are processed quickly compared to traditional methods.
- Security - Encryption and authentication measures protect sensitive information.
- Global Accessibility - Allows for transactions across borders.
Cons
- Potential for fraud or hacking if security measures are not robust.