Many online shoppers are worried about security issues. For that reason many choose to use payment methods other than the credit and debit cards they keep in their wallet when buying goods online.
If you’re interested in online payment methods, consider one of the five most popular:
PayPal is one of the most common forms of online payment and retail stores like Home Depot are even starting to accept PayPal balance payments in stores in many of their retail locations. PayPal is simple and easy to fund and use. For most people, the minimal fee of actually using their debit card or credit to make a payment through the system is worth the security. If you fund your PayPal account from your bank account you don’t have to pay any fees at all to buy.
PayNearMe is a convenient system that allows users to reload their account at convenience stores in their area. Once the account is funded you can use your balance to make payments or buy goods online or over the telephone. Some transactions fees do apply to many PayNearMe payments.
Google Walletis a very popular way people are paying for online purchases and it’s quickly becoming as popular as PayPal for Google Play store purchases. However, Google Wallet isn’t as widely accepted but it does have unique security features like disabling your account remotely.
Pre-paid debit cards
These are perhaps the most popular form of payment outside of cash, credit and debit cards. They’re easy to use and can be reloaded almost anywhere after you buy them. The only downside is the initial transaction fee which can vary based on the cards. Still, pre-paid debit cards are very useful for many people.
This is a simple system that sends an invoice to the user for goods or payments they want to make then allowing them to use their actual bank account balance to make the payment. Secure-e-Bill does require you to use online banking and have an active checking account, but it is safe and securewhich appeals to many users.