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BusinessTech

Modern-day Shopping

by Boris Cumbo December 9, 2019
by Boris Cumbo December 9, 2019 Source: Forbes
1.2K

The progress of technology and the expansion of the Internet have influenced almost every aspect of our lives. Due to the fact that the pace of life is becoming very fast, people started to do a lot of things on the Internet, simply because it saves a lot of time. In accordance with that, instead of actually going to the travel agency, you can book your vacation online; instead of going to the restaurant and ordering food, you can simply go to the restaurant’s webpage and click on the food you would like to be delivered; instead of going to the store, you can in fact shop and pay online. Also, thanks to the Internet, shopping doesn’t have to be exhausting, time-consuming, and energy-consuming process. It functions in such a way that you go on a certain website, look for an item you would like to purchase, see pictures and detailed descriptions of it, and order. The final stage of modern-day shopping is paying for an item you want to buy. Have you ever wondered how to do that, and what methods for online payment you can use?

There seem to be many options when it comes to this topic. Therefore, the following article will present you with the 7 most common types of online payment methods used for modern-day shopping.

Contents

  • Bank transfers
  • Prepaid cards
  • Credit cards
  • Ewallets
  • Mobile payments
  • Bitcoin
  • Direct deposit

Bank transfers

Paying for online purchases is very easy if you choose to use this method. As long as you are engaged in an Internet banking facility, you can safely pay for anything you like online. Also, this way of paying is considered to be very reliable, because in order to buy something your payment first needs to be approved by the Internet banking credentials. So, if you like to shop and be sure that your personal information and money transfers are safe and secure, this is the best solution.

Source: myideas

Prepaid cards

This way of paying is excellent if you don’t have a bank account. Typically, prepaid cards are used by minors, and in accordance with that, they are used for buying something on the gaming websites. Also, there are numerous types of prepaid cards to choose from, such as Ticketsurf, Telco Card, Mint, or Paysafecard. So if you are a parent, you can establish one of these prepaid cards for your child, so they can shop on their own.

Source: Winmark Corporation

Credit cards

Credit cards are the most widely used way of paying. One of the best traits of this method is the possibility of international purchase. Therefore, it doesn’t matter in which part of the world you live in; you can basically purchase anything with this card. Also, this method is considered to be one of the easiest ways when it comes to online payment, which is probably the reason why it is most widely spread.

Image by TheDigitalWay from Pixabay

Ewallets

In order to buy something via e-wallet, you need to submit your personal information, which is used only for the particular purchase. Furthermore, you can use e-wallet in combination with mobile wallets, which makes the whole process a lot easier. These two types of payment are connected through smart technology, or more specifically, NFC devices. So, what makes this type of shopping so attractive to the customers is, in fact, the possibility to transfer funds which are on your phone, without the need to be on your laptop.

Image by mohamed Hassan from Pixabay

Mobile payments

Mobile payments make online shopping easier than ever, due to the fact that you can buy something instantly as long as you have a smartphone and Internet access. Generally, this kind of payment is used for browser games, donation portals, or social media networks. It functions through the SMS payment. So, if you want to make a donation, or simply pay for something on social media, all you have to do is send an SMS.

Source: TranslateMedia

Bitcoin

If you wondered whether you could buy something via Bitcoin, the answer is yes. You can absolutely use famous cryptocurrency in order to shop. There seem to be many merchants and services which fully accept the Bitcoin. Also, this type of payment functions internationally, as well. You can even choose your bitcoin wallet within just a few minutes. By installing an app either on your mobile or computer, you can have access to your wallet at any time. If you are interested in learning more about shopping in this way, you can check out bitcoin-profitapp.com.

Image by digital designer from Pixabay

Direct deposit

When it comes to paying for some high-price purchases, or services like online classes, direct deposit is the best payment solution. The customers mostly use this kind of payment due to the fact that it is highly reliable. It functions in such a way that you instruct your bank to pull funds of your account in order to complete your online purchase. Therefore, this method of purchase is safe, especially if there are bigger amounts of money involved.

To conclude, modern shopping differs a lot from the traditional one. For starters, you don’t have to waste your time on physically going to the store and buying something. Instead, you can visit any website you want and simply click on the payment option which suits you the most. Luckily, there are many options to choose from, so you can pick the one which you consider to be the most reliable and easy. Shopping is, just like anything else, a click-away. Therefore, it seems that it has never been easier since all you have to do is surf, choose an item you like, the payment method, and you have completed the whole shopping process.

Bank transfersBitcoincredit cardsEwalletsmobile paymentsmodern shoppingonline payment
Boris Cumbo

Boris is a staff writer at TheFrisky.

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