Here are those companies operating in Zambia who provides online payment systems or point-of-sale card payment systems. Electronic payment systems take Zambian trading to the next level in terms of speed and simplicity. The security issue is addressed by putting protocol and procedures in place to ensure the risk is minimised. An electronic payment system is a way of paying for goods or services electronically, instead of using cash or a check, in person or by mail. Electronic payment systems are generally classified into four categories: credit card and debit cards; electronic cash; micropayment systems; and session-level protocols for secure communications.
Find the businesses that enable e-commerce sites to use electronic payment, where electronic payment refers to paperless monetary transactions. Electronic payment has revolutionized business processing by reducing paperwork, transaction costs, and labour cost. Banks mobile money providers and dedicated service providers will be listed here for quick and easy ways to use their services. Being user friendly and less time-consuming than manual processing, it helps business organizations to expand their market reach/expansion. Listed below are some of the modes of electronic payments −