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The customers are benefited by way of:
                  •  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 of the product or
           Prime (Ver. 2.2)-VII  •  Debit or Credit Card: E-commerce websites allow us to make payment by using our credit
                  service that you want to buy. Some of them are as follows:



                    or debit card. We make payment by using the 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 case of credit card, we are provided with a credit limit by the bank which we can use
                    to purchase products. To avoid the online fraud, each credit or debit card has a three

          110       digits unique secret Card Verification Value (CVV) number on the back side of it. Now,
                    bank also sends a One Time Password (OTP) on your registered mobile number to verify
                    the authenticity.






                                                                                          CVV number



                                                            Debit/Credit Card
                  •  Net Banking: We can directly use the bank account to make payment online. Every bank

                    provides a unique Customer ID or Net Banking ID and a PIN to each customer of the
                    bank. With the help of the Customer ID and PIN, customer can make payment while
                    purchasing the products from e-commerce websites. Similar to credit or debit card, an
                    OTP is received on the registered mobile number in case of net banking.

                  •  E-Wallet: E-wallet or Electronic wallet refers to a digital wallet that is used to make
                    payment online. We need to add money from the bank account to the e-wallet before using
                    it. Most of the e-commerce websites provide their own e-wallet.

                    Some banks also provide e-wallet to their customers.
                    Some third party organisations also provide payment
                    support to their customers.  GooglePay,  Paytm,
                    PayPal,  BhimAPP,  PhonePe and  Airtel  Money are the most commonly used Payment

                    Service Provides (PSP).
                  •  Cash  on  Delivery  (COD):  Most  of the  e-commerce  websites allows  us  to  make  the

                    payment by cash while receiving the product at your residence.
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