Electronic Payment System for Transportation Market to Increase at Steady Growth Rate
Electronic payment System (EPS) is useful for paperless monetary transaction. Electronic payment brought a revolution in business process with less paper work, less time consumption, low labor cost as compared to traditional manual process business. There are various modes of electronic payments such as debit card, credit card, e-wallet, smart card, EFT and others. From last a few years electronic payment has also been used by transportation agencies for the collection of parking fees, highway tolls, transit fares & others....
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