Monetization

Development of apps for business has expanded opportunities in business monetization through digital payment technologies. Today, businesses are using applications such as online programs and mobile apps to make and receive payments. These monetization innovations have fueled the growth of online shopping. Since the invention of online buying, many people have embraced business monetization because of the efficiency it offers compared to shopping in physical stores. Digital payment apps offer quick payment solutions to users including facilitating handling of business transactions on tablets or phone, swiping credit cards, and use of points of sale. They enable businesses to receive payments fast, saving buyers and sellers time otherwise spent on bulky registrations or customized systems.

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