While online transactions offer numerous benefits, they also come with challenges that entrepreneurs must address:
Security Concerns: Ensuring the protection of sensitive customer data is paramount. Payment Processing Fees: Transaction fees from payment gateways can accumulate, affecting profit margins. Fraud and Chargebacks: Dealing with fraudulent transactions and chargebacks can be time-consuming and costly. Technical Issues: Ensuring the functionality and reliability of online transaction systems is critical to maintaining customer trust.