What type of attack involves sending deceptive emails or creating fake checkout pages that impersonate legitimate banks or e-commerce stores to steal passwords and PINs?
Phishing relies on social engineering and deceptive communications (spoofed emails/links) to trick users into entering sensitive credit card details or login credentials on fake websites.
Which agency issues Digital Certificates to verify the identity of e-commerce web servers and encrypt transactions?
A Certificate Authority (CA) (e.g., DigiCert, Let's Encrypt) is a trusted entity that issues SSL/TLS digital certificates, binding a public key to the domain owner's identity.
In the context of E-Commerce logistics and supply chains, what does 'Just-in-Time' (JIT) inventory management mean?
JIT (Just-in-Time) minimizes warehouse holding costs by receiving inventory only when demand requires it (e.g., quick-commerce platforms like Zepto/Blinkit).
What is the function of a 'Virtual Payment Address' (VPA) in BHIM UPI?
A VPA (Virtual Payment Address) acts as a alias (like mobilenumber@upi) for transferring money directly without needing to enter bank account numbers or IFSC codes.
Which form of electronic payment relies on stored monetary value on a plastic card with a magnetic stripe or chip, such as a gift card or metro card?
A Stored-Value Card has a monetary value prepaid and stored directly on the card itself (e.g., gift cards, transit cards) rather than drawing from an external line of credit.