Explain the role of online payment platforms in... - SS2 ICT Internet III Question

Online payment platforms, such as PayPal and Stripe, simplify online transactions by acting as intermediaries between buyers and sellers. They provide secure methods for making payments and receiving funds electronically. These platforms often allow users to link their bank accounts or credit cards, reducing the need to share sensitive financial information directly with sellers. By offering a trusted and streamlined payment process, these platforms enhance the convenience of online shopping, enable businesses to accept payments globally, and contribute to the growth of e-commerce.