Which of the following is a characteristic of a traditional offline payment system in e-commerce?Group of answer choicesAccessibility from anywhere in the worldImmediate transaction processingHigh risk of fraudIntegration with mobile wallets

Which of the following is a characteristic of a digital wallet in e-commerce?Group of answer choicesIt is only accessible via desktop computersIt has limited compatibility with e-commerce platformsIt stores sensitive payment information securelyIt requires physical currency for transactions

Which of the following is NOT a commonly used e-commerce payment system?Group of answer choicesBitcoinSecure Sockets Layer (SSL)Cash on Delivery (COD)Mobile Money

True or false: Consumers may be skeptical of completing transactions online if the payment method is not convenient, secure and reliable.True false question.TrueFalse

Identify four factors limiting the implementation of e-commerce (4 Marks)d) State and explain online payment systems (3 Marks)

Which e-commerce payment system utilizes blockchain technology for secure and decentralized transactions?Group of answer choicesBitcoinMobile MoneyGoogle PayPayPal