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What are the characteristics of electronic payment compared with traditional payment methods?

Efficient and technical.

1. Efficiency: Electronic payment has the advantages of quickness and convenience, and can realize online real-time payment. Through electronic payment, consumers can shop and pay anytime and anywhere, which improves the transaction efficiency.

2. Technicality: Electronic payment is a high-tech payment method based on advanced technologies such as computers, networks and communications. The application of electronic payment not only improves the payment efficiency, but also improves the security and liquidity of funds.