How do digital payment systems generally affect transaction speeds?

Digital payment systems significantly enhance transaction speeds primarily due to their reliance on technology and automation. Unlike traditional payment methods, which may involve manual processes, physical money transfer, or the need for paperwork, digital payments leverage electronic networks to facilitate swift exchanges.

With digital payments, transactions can occur in real time, allowing consumers to complete purchases quickly without the delays associated with bank processing times or physical exchanges. This immediacy is crucial for maintaining efficient operations in various sectors, such as retail and e-commerce, where quick payment processing can lead to improved customer satisfaction and higher sales volumes.

The other options do not align with the capabilities of digital payment systems. Slowing down transactions or complicating the process contrasts with the fundamental design of these systems to streamline and expedite payments. Additionally, digital payments do not eliminate transactions; rather, they facilitate more transactions by making the payment process easier and more accessible for users.