Combining the E-Mail Capability of the Internet and the Interbank

question 83

Short Answer

Combining the e-mail capability of the internet and the interbank payment networks to assist in the presentation and collection of invoices.

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Definitions:

Consumer Protection Act

Legislation designed to safeguard the rights of consumers by ensuring fair trade, accurate information and preventing fraud.

Competitive Markets

A market structure characterized by a large number of buyers and sellers, where no single entity can dictate prices or market conditions.

Informed Consumer Choice

The ability of a consumer to make a decision based on full information about product benefits, risks, and alternatives.

Contract of Purchase

A legally binding agreement between parties for the sale and purchase of goods, services, or property.