Business conducted through paperless exchanges of information, using electronic data interchange, electronic funds transfer (EFT), electronic mail, computer bulletin boards, facsimile, and other paperless technologies.
Business conducted through paperless exchanges of information, using electronic data interchange, electronic funds transfer (EFT), electronic mail, computer bulletin boards, facsimile, and other paperless technologies.
"The exchange of goods and services for payment between the cardholder and merchant when some or all of the transaction is performed via electronic communication." [SET2]