🇰🇷Korean Source WordCode: KO

전자 결제

Pronunciation / Transliteration: jeonja gyeolje

🇬🇧 Direct English Meaning:
Electronic Payment/ɪˌlɛkˈtrɒnɪk ˈpeɪmənt/
nounCEFR B2 (Upper)Top #1500 frequency
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🇰🇷 Example Sentence in Korean:

"전자 결제는 매우 편리합니다."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A method of paying for goods or services using electronic means, typically involving the transfer of funds through the internet or other digital networks.

    "Many consumers prefer electronic payment options for their convenience and speed."
  2. 2

    Any transaction that occurs through electronic channels rather than physical cash or checks.

    "The rise of e-commerce has significantly increased the use of electronic payments."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'electronic payment' combines 'electronic,' derived from the Greek 'ēlektron' meaning 'amber' (historically related to electricity), and 'payment,' from the Latin 'pāmentum,' meaning 'a paying.' The phrase evolved with the advent of digital technology in the late 20th century, reflecting the shift from traditional cash transactions to digital methods.

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