Are you wondering what methods you should use to accept online payments? Which one should you go for: No need to worry. This article is here to help you with online payment options for your customers.
How to Accept Online Payments
The way people send and receive money is changing. eCommerce businesses that fail to react to these trends are going to lose out. So, if you’re running an eCommerce business, you can’t do without accepting payments online from your customers. Here’s how you can do this.
- Click-to-Pay Email Invoicing
This way, you can send a payment invoice via email to your customers so they can complete their purchase right off the bat.
- Credit/Debit Card Options
Credit/debit cards are among the most common payment options preferred by the majority of online shoppers. Only, you should shop around to find a true payment specialist like eMerchantBroker.com to enjoy the most advanced credit card processing solutions in the industry to accept online payments with ease.
EMB, a BBB-accredited company with an A+ rating, is considered the top high risk processor in the U.S. EMB offers the most reliable and cheapest merchant processing services to both low and high risk merchants.
- Cryptocurrencies
Crypto money is getting more and more widespread in the modern payments world. Especially young people choose this option to complete transactions online.
- eChecks
ACH processing allows customers to pay via paper checks in a virtual format.
- E-Wallets
This is when customers and merchants sign up and open accounts for depositing and withdrawing funds from bank accounts.
- Payment Gateway
In this case, customers pay via credit/debit/prepaid cards, or electronic checks. All buyers need is to submit the details of the card/check they’re using for making payments.
- Recurring Billing System
This way, you can bill your customers automatically upon the due date at the time of applying for the service. Payments withdrawn from the attached account either go directly into the business bank account or other allied payment options.
So, eCommerce is a global phenomenon. To reach customers worldwide, you should offer multiple payment options to your customers so they can pay online easily. As a result, you can attract more customers and increase revenue.