Definition, Meaning & Synonyms
e-payment
noun
/ˈiːˈpeɪmənt/

Definition
E-payment refers to the process of making electronic payments for goods and services using digital methods rather than physical cash or checks.

Examples
- You can use e-payment options to purchase products online easily.
- Many businesses are adopting e-payment systems to streamline their checkout process.
- Consumers prefer e-payment methods for their speed and security.

Meaning
E-payment is a modern way of conducting transactions over the internet, allowing for quicker and more convenient payments.

Synonyms
- Digital payment
- Online payment
- Electronic payment