March 13, 2024

What Does Represented Internet Payment Mean?

By Geraldine

Seeing “Represented Internet Payments” on your credit card statement could indicate an online payment or transaction you made. Represented internet payment (also referred to as cyberpayment) involves moving money between bank accounts of buyers and sellers via the Internet; it provides one way of paying for goods or services without meeting in person; some people use represented internet payments fraudulently (known as cyberpiracy).

Learn what represented internet payment means with this article.