What type of payment involves the transfer of money through digital means without cash?

The correct choice is electronic payment. This method refers to transactions conducted through digital platforms, allowing individuals to send and receive money without the need for physical cash. Examples include credit card payments, online bank transfers, and mobile payment apps.

Electronic payments have become increasingly popular due to their convenience and speed, as they enable users to make transactions from anywhere with an internet connection. Additionally, they reduce the need for physical exchanges of cash, which can be less secure and more cumbersome.

Other types of payment mentioned, such as cash payments, involve physical money, while physical payments refer to any payment that requires a physical form of currency. In-kind payments involve exchanging goods or services instead of money, which also does not fit the description of digital transactions. Therefore, electronic payment stands out as the method that utilizes modern technology for seamless financial transactions without the use of cash.