Research - Rough Draft Using the topic that you selected in your Topic Selection assignment, write a 500-word paper. Again, the paper should either be about technology, or how your chosen topic...

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Answered 1 days AfterMar 03, 2021

Answer To: Research - Rough Draft Using the topic that you selected in your Topic Selection assignment, write a...

Dr. Vidhya answered on Mar 04 2021
141 Votes
Running Head: BILLING                                    1
BILLING                                             5
BILLING

Table of Contents
Introduction    3
The Electronic Payment Systems    3
Conclu
sion    4
Bibliography    5
Introduction
Hi, my name is Roshea and the topic for today that I have chosen is billing and technology. The digital era has transformed the way people take up the use of technology into their daily lives; it is hard to imagine a single direction, in which there is no positive intervention that technology has made (Kim, Kang & Hong, 2017). In the context of business operations, internet has changed the way of consumers as well as of organizations to look at the payment systems.
Unlike the conventional methods of physical currency transfer from one end to another, the promotion of digital mode of payments has largely affected the billing systems that exist today. These systems are giddied by the principle of creating smooth and hassle free environment of funds exchanges. The transactions are now done with several modes that technology has made possible.
The Electronic Payment Systems
At first, it is important to note here that electronic payment systems have boosted the overall financial system as well as the economy of the business world. Electronic payment methods are devised to increase the range of payment systems, which were not possible in the conventional manner (da Silva et al., 2017). The process of payments in the past...
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