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Types of online payment systems for the online store

June 26, 2018

Types of online payment systems for the online store

   Now the ordering of goods through the Internet shop has been gaining momentum. After all, everyone can view the necessary goods without leaving home. Therefore, connecting online payment methods becomes an integral part of the development of the website.

   So let's look at popular payment methods and briefly describe them:

  • with the bank cards helps - Visa, Visa Electron, Master Card, Maestro;
  • using electronic money and wallets - WebMoney, Yandex Money, PayPal, Qiwi;
  • from the mobile balance - MTS, Beeline and others;
  • payment systems such as Apple Pay, Android Pay, Samsung Pay.

   Payment systems such as Privat24, Monexy, EasyPay, Portmone, LIQPAY are also popular.

   Making a payment through a card is a fairly simple process. To order a good or service, it is enough to enter the data on the card (last name, name, cvv code, etc.).

   The principle of working with WebMoney. In order to get started with the system, You must to register. After that You will receive a WMID, that is, a number. You will need to create wallets (there may be several) with the required currency. Log on to the system either through the official website or through the mobile application.

   Yandex Money - to register, you need to create a mail on yandex.ru. For further use of the service You  create wallets. To do this, fill out information about yourself, create passwords - payment and recovery code. Then You must to replenish Your account and make online purchases.

   When compared to another system, registration with PayPal is the most complicated. You will need to provide all data in full. If everything goes well, an account will open. To make purchases, You need to attach a plastic card to the opened account. The funds in the future will be deducted from it.

   Registration on Qiwi takes place via a mobile number, which will be an account. You can use the account through the official website www.qiwi.com or through the mobile application.

   Apple Pay allows iPhone owners to make payments through this service. This server is equipped with a good security system. If a mobile device is lost, other people will not be able to withdraw funds or make purchases, as each person will need to be confirmed.

   With Android Pay, you can pay in the terminal without using a card. To download an application with the same name and attach a payment card to it. To pay, just bring the mobile device to the terminal.

   Samsung Pay is a convenient system, since it can be used in any store. This system was launched in 2015.

   Privat24 is a very popular payment system. Apparently, each of us, at least once used the system. Privat24 also allows payed utilities without leaving home.

   To use MoneXy, just enter Your mobile number without registration. You can pay not only when buying goods on the websites, but also in restaurants, cinema, etc.

   EasyPay - this system was developed in 2007. It allows You to make payments for Internet services, mobile communication, communal, make money transfers, pay insurance, transfer funds to the budget, etc.

   Portmone can be used by individuals; banks in which payment and transfers are carried out with the help of ATMs, terminals; companies to receive funds.

   LIQPAY - the payment system is quite popular. It allows you to make overseas payments. To sign up for the system, You must to provide a mobile number and Your personal data. After that, tied the card to Your account and You can work with the system.

   It must be understood that for the successful operation of an online store, the connection of online payment methods will greatly enhance the competitive position. This will simplify the process of purchasing goods/services for clients and will be a big plus for You.

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