Updated: 01/31/2019 by Computer Hope

A purchase describes any full payment for a product or service. The purchase of the product or service can be made at a physical location, like a store or event, or on the Internet.

Cash, debit card, and credit card are the most common forms of payment used for a purchase. A less common form of payment is the use of cryptocurrency, like Bitcoin.

Bitcoin, Business terms, Currency, E-commerce, Shopping cart