Categories: Resource

7 Most Popular Online Payment Solutions

Human behavior changes rapidly, and adapting to online payment platforms has become mandatory. Making cash payments is long gone. Now, there are different payment methods, and it varies with each business. The nature of businesses is appealing, and with advancement of technology, instant payment methods facilitate achieving success and profitability.

There are new players such as mobile wallets, mobile payments, UPIs, etc, while payment space shifts digital. No matter how one opts to make online money, there is a need for user-friendly payment options that are safe and reliable.

List Of Top 7 Best Online Payment Solutions

1. PayPal

PayPal is huge, and it has over 305 million active users. It is popular in more than 200 countries. As a user of PayPal, withdrawing funds in different currencies is possible. There is no need to worry about annual maintenance, monthly membership fees, or even maintaining a balance. PayPal is safe and can be connected to multiple credit and debit cards. Buying online without providing financial information is possible. Purchasing online items is easy, even with zero PayPal balance, as it connects to your current account.

2. Stripe

Stripe is identical to PayPal in that it is user-friendly. It requires no membership or monthly fee. It assures a safe shopping experience. If you are considering a customized platform for payment, Stripe is the right solution. The advantage is that Stripe has features and special tools to create a personalized payment platform as electronic payment services for a company. It includes SQL business intelligence, physical and virtual cards to maintain employee expenses, and Stripe Radar, an advanced fraud-management tool. Stripe is the right choice for big companies looking for customized payment solutions.

3. Payoneer

Payoneer is a global payment processing service available in over 200 countries, and it accepts nearly 150 currencies. The payment received includes no cost, and the platform is a flexible API to grow your business. You may receive a MasterCard in plastic, like PayPal, if you do not wish to go for 100% digital.

4. Google Pay

Google Pay allows users to use online payment solutions that offer simple, safe, and speedy money transfers from Gmail account, browser, or Smartphone. It offers the facility of storing loyalty cards, debit cards, credit cards, and to giving gift cards to accounts. Google Pay entertains millions of Internet users for services and is making the Google Pay purchase a simpler process.  Google does not charge merchants any fees to accept Google Pay. Shoppers paying through Google Pay can have an easy transaction.

5. Amazon Pay

Using Amazon Pay, it is easy and quick to reach out to users. Customers paying for the services or goods purchased through Amazon Pay can log in to their Amazon account. The advantage of choosing Amazon Pay as an online payment solution is that it is simple to set up on your site. With one account, there are thousands of sites that customers can access. It is optimized for voice and mobile search and offers refunds seamlessly. Customers can enjoy peace of mind. Purchasing on the site is convenient as it takes place through Amazon checkout. It means their credentials make the process trustworthy and convenient.

6. Apple Pay

Accepting Apple Pay is convenient for a merchant. The transactions are secure and faster with Apple Pay, as it facilitates touch ID confirmation. Apple Pay service will support all the newer machines. Customers using fingerprints to pay is a facility, and Apple is working continuously within a message on the P2P payment system.

7. Skrill

Skrill is one of the popular payment options, identical to PayPal. Its features are deposits, instant withdrawals, exclusive offers, low transaction fees, acceptance of over 40 currencies, and sending direct text messages from the account. Skrill account encourage users to refer their friends, and the company will generate money by sending 10 percent of their fees to your account.

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