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⍰ ASK What role did the development of the internet play in shaping electronic payment institutions in the U.S.?

The internet have played a very big role in shaping electronic payments in the U.S. As the internet became more common, electronic payment services used it to offer new solutions. Online payment platforms like PayPal emerged, letting users make secure and efficient digital transactions.

With the internet's growth, e-commerce businesses boomed, leading to more demand for electronic payment options. Credit card companies adapted to online transactions by adding secure protocols to protect user information.
 

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