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The customers are benefited in several ways:
                    Convenience of banking                            No geographical restrictions
                   Lower costs                                        Reduced chances of fraud

                 Modes of Payment

                 All the e-commerce websites provide various modes to make payment for the product or service that
                 you want to buy. Some of them are as follows:

                    Debit or Credit Card: E-commerce websites allow us to make payment by using our credit or debit
                   card, which will be debited from the bank account.

                     We must have a sufficient balance
                   in the bank account to complete the
                   transaction. In  the  case of  a credit                                                   CVV number
                   card, we are provided with a credit
                   limit by the bank, which we can use
                   to purchase products. To avoid online fraud, each credit or debit card has a three-digit unique secret
                   Card Verification Value (CVV) number on the back side of it. The bank also sends a One Time
                   Password (OTP) on your registered mobile number to verify the authenticity.
                    Net Banking: We can directly use the bank account to make payments online. Every bank provides
                   each customer with a unique Customer ID or Net Banking ID and a PIN. With the help of the customer
                   ID  and  PIN,  customers can  make payments  while  purchasing  the  products  from e-commerce
                   websites. Similar to a credit or debit card, an OTP is received on the registered mobile number in the
                   case of net banking.
                     E-Wallet: E-wallet or Electronic wallet refers to a digital wallet that is used to make payments online.
                   Before using the e-wallet, we need to add money from the bank account. Most of the e-commerce
                   websites provide their e-wallet. Some banks also provide e-wallets to their customers. Some third-
                   party organisations also provide payment support to their customers.
                   Bhim UPI, GooglePay, PhonePe, etc. are the most commonly used
                   Payment Service Providers (PSP).

                    Cash on Delivery (COD): Most of the e-commerce websites allow us to make the payment by cash
                   while receiving the product at your residence.


                          Experiential Learning                                                         Lab Activity


                    Create an account on Skype. Make a video call to your friend and greet him/her.


                 NEWSGROUP

                 In an online community, a newsgroup is the title given to a discussion group. A newsgroup focusses on
                 a particular topic. The topic is of general interest to all the participants in the newsgroup. All participants
                 share their comments and views on the topic, while also responding to the comments and views of
                 others. This approach facilitates the discussion of a topic. Generally, there is one person, known as
                 News Admin, who manages the newsgroup. The News Admin keeps a check on the comments of the
                 participants. Before posting comments or articles on the newsgroup page, he decides when to stop a
                 discussion and approves them.


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