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Definition of electronic payment noun from the Oxford Advanced Learner's Dictionary

electronic payment

noun
 
/ɪˌlektrɒnɪk ˈpeɪmənt/
 
/ɪˌlektrɑːnɪk ˈpeɪmənt/
(also e-payment)
[uncountable, countable]
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  1. a way of paying money that uses digital technology; an act of paying in this way
    • Electronic payment systems have transformed the financial services sector.
    • Electronic payments have made paying for goods and services speedy and straightforward.
    Topics Moneyc1, Shoppingc1

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adverb
 
 
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