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What is electronic tendering?

Updated: 9/24/2023
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10y ago

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It is like reverse auction, in which a buyer requests would-be sellers to submit bids; lowest biddder wins.

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Demetris Boehm

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1y ago
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16y ago

Electronic tender is just another way of saying e-money. It is money that can be used online, either on a specific website, a group of websites, or everywhere.

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