Traditional Culture Encyclopedia - Traditional stories - Briefly describe the connection and difference between electronic payment and traditional payment.

Briefly describe the connection and difference between electronic payment and traditional payment.

1. Electronic payment uses advanced technology to complete information transmission and payment through digitalization.

2. The working environment of electronic payment depends on the open Internet platform.

3. Electronic payment uses the most advanced communication means, such as Internet and extranet.

4. Electronic payment requires high software and hardware, and generally requires networked microcomputers, related software and other supporting facilities.

5. Electronic payment has the advantages of convenience, quickness, high efficiency and economy.