Online payment is a commonly used process in the age of development and advancement. Widely used in the urban sectors of countries, internet has become an indispensable part of our life. People of today are very net savvy and use a lot the process of online payment. Online payment is basically the method of receiving money from customers by the companies with help of internet. Use of electronic money is now no more a fiction but a reality that is increasingly becoming accepted worldwide. Here we will be providing you with guide to online payment.
Speaking of online payment, we generally mean that after buying a product or service through internet, we need to pay through internet. There are various modes of online payment such as Credit Cards, Online Checks & Debit Cards, Digital Cash & Micropayments and Escrow Services. With the help of online payment, you can do money transaction easily and comfortably. You donot need to stand in line to pay payments and bills. But as you opt for transaction of money through online payment, know about the processes of online payment clearly to avoid future confusions.
If you buy some product, you need to pay for it through electronic money. You have to mention your card number through which the money will get debited automatically. Most commonly e-checks are used world wide. E-checks mean electronic checks instead of paper checks. Usage of e-checks has its share of advantages as well as disadvantages. The benefits of using e-checks are that the money gets automatically transferred to the receiver’s account and you don’t even need to fill up a cheque and send it through post. On top of the benefits, you get a receipt of the transaction immediately through mail.
Apart from e-checks, credit and debit card are the commonly used modes in online payment. All you need to do is provide your credit card number through the internet. In various countries of the world, different modes of online payments are popular. Scroll down to get information on the various types of online payment accepted.
The International online payment modes that are universally accepted includes Visa credit card with SSL, Eurocard/Mastercard credit card with SSL, American Express credit card with SSL, Visa credit card with SET, Eurocard/Mastercard credit card with SET and Diners credit card with SSL
Apart from the universally accepted online payment modes, here we provide you with internet payment modes of specific nations:
- Dutch payment methods comprises Rabobank Direct Betalen, Bank transfers (’bankoverboeking’) and Direct Debit (’eenmalige machtiging’)
- German payment methods comprises Bank transfers (’Überweisung Inland’), Direct Debit (’Bankeinzug/Lastschriftverfahren’), Direct Debit (’Elektronisches Lastschriftverfahren/ELV’), Paybox, Deutsche Bank
- 24, Dresdner Bank InternetBanking, Commerzbank OnlineBankingweb and Cheque
- Austrian payment methods comprises Paybox, Bank transfer, Netpay, ELBA Internet Payment
- French payment methods comprises Bank transfer (’Virement bancaire’), Cartes Bancaires, Carte Bleue and Cheque
- UK payment methods comprises Visa Debit, Switch, Solo, Mondex, Bank transfer, Cheque and JCP
- Belgian payment methods comprises Bank transfer (’bankoverschrijving’) and ING Home'Pay
- Luxembourg payment methods comprises Bank transfer
- Finnish payment methods comprises Bank transfer (’Tilisiirto Giro’) and Nordea Banks Finland
- Swedish payment methods comprises Bank transfer (’Inbetalning/Girering’) and Nordea Banks Sweden
- Danish payment methods comprises Bank transfer
- Spanish payment methods comprises Bank transfer (’Transferencia’) and Cheque
- Italian payment methods comprises Bank transfer (’Trasferimento bancario/Bonifico’)
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