7 of the best online payment methods

US-PDGov

By James Green

Online payment solutions are a necessity for the existence of online businesses. However, they are also useful for so many other things.  For example, you can easily shop online, pay a bill, use online bill paying through a bank, make electronic payments and so much more with just a couple of clicks. Since Internet shopping and banking is so popular nowadays online payment solutions have also gained a lot of popularity. Here are some of the best online payment solutions that are trustworthy and can really do the job for you:

1. PayPal

This is the most widely used online payment solution in the world. It processes billions every year. You can set up a PayPal account for free and fund it through your debit card, credit card or bank account. It is all up to you and you can easily make payments and receive money at low fees.

2. Payza

Payza was formerly known as Alertpay, but the name was changed in May 2012. This global online trading platform specializes in processing of e-commerce deals. You can transfer funds from your bank account and to it easily through Payza. However, there are specific regulations that apply for different countries.

3. 2Checkout

This is a payment processing service for online transactions that combines a payment gateway with a merchant’s account for simpler integration with a website. 2Checkout provides a dependable, reliable, highly secure and affordable payment option for medium and small online businesses.

4. Moneybookers

This is an e-commerce business which allows money transfers and payments through the Internet. Moneybookers allows the receiving and sending of payments from and to 200 countries and in 41 different currencies. It also supports all the major credit and debit cards as well as more than one hundred local payment options.

5. WorldPay

This is a leading provider of electronic payment services including checks, debit cards, credit cards, customer loyalty cards, e-commerce, fleet cards and ATM processing. It also offers a lot of cash management services to its customers.

6. Square

Square is a payment processing gateway which supplies its users with a free card reader dongle which can be plugged into every smartphone. It can also be linked to a bank account and then all you need to do is swipe your credit card in order to collect money. It can even e-mail you a receipt. The fee Square charges for each swipe is 2.75 percent.

7. Google Checkout

This is a famous online payment processing service that is aimed at making the process of paying for 

online purchases as simple as possible and is powered by Google. The Google account of a user stores their shipping information, debit card and credit card information for further reference and thus makes the process of shopping online so much easier. All a user needs to do in order to place a purchase in a participating store is click one or two buttons because all the needed information is already stored in the Google account.

James Green's area of expertise is developing online payment solutions (the Swedish term is betalningslösningar).