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...What is a digital payment to put it in simple words occurs when goods or services are purchased through the use of various electronic mediums there no cash cheques this type method cashless economy all transactions carried out using different types methods and does not involve physical money for purchase store value card debit e wallet credit very commonly used as tool thin plastic that can be buy items meet food restaurant bills booking airline tickets etc any allows user pay later one has bought availed hence name given process known charging means had paid his her by promising signed receipt normally issued from bank authorized authority security issues while taking care s receipts should sight losing keeping two place travelling shopping online old previously cards b also check instead making purchases similar but unlike comes directly account performing transaction payments immediately transferred cardholder designated only if sufficient balance available will failed usually allow...