How do online markets differ from physical markets in transactions?

Online markets and physical markets differ significantly in how transactions occur:

• Physical Interaction: In physical markets, buyers and sellers meet face-to-face to exchange goods and services.
• Convenience: Online markets allow transactions from anywhere, enabling buyers to shop from home using apps or websites.
• Product Range: Online markets offer a wider variety of goods, including items that may not be available locally.
• Payment Methods: Online transactions often involve digital payments, while physical markets typically use cash or card payments.

· Delivery: Online purchases are delivered to the buyer's location, whereas physical purchases require buyers to carry items home.