Whether a transaction takes place between a supplier with a web site and one of their buyers or in an e-marketplace with many buyers and sellers, a robust, secure, reliable electronic payment process must be in place to close the transaction.
Credit cards are ideal for smaller transactions.
See CyberCash B2B payment service descriptions . Purchasing Card Payments Purchasing cards have the same advantages and disadvantages as credit credit cards. However, they provide buyers with additional reporting data to automate procurement. See CyberCash B2B payment service descriptions . An EFT payment occurs when funds are transferred from the purchaser's bank account to the seller's bank account.