What Does Represented Internet Payment Mean?

What Does Represented Internet Payment Mean?

What Does “Internet Payments” Mean? E-payment, or Internet payments, refer to transfers of money between buyers and sellers electronically. This enables buyers to purchase goods or services without meeting them personally, while giving sellers an easy way to collect payments for their products. Unfortunately, fraudsters have also begun using the names of popular brands to conduct illegal cyberpiracy transactions which lead to counterfeit goods entering circulation and thus compromise brand integrity.

In 2003, total online commerce reached $1.679 billion. A large proportion was composed of business-to-business transactions; however consumers also purchased merchandise. If you see “Thank You Charges” appearing on your Discover card statement, they could represent internet payments; read this article to gain further understanding on this matter – how it might appear and why such charges may occur.