Online payments has become the talk of not only the town but also the world.
The need for online payments has become so rampant that people rather do their transactions online than physically go into a bank as this reduces the stress of having too much physical cash on them.
Hi everyone, my name is Timileyin and in this post i’ll be talking about the different ways or platforms in which you can carry out your business transactions so sit back, digest every word and if you have not started using any online platform you can start by making a pick from the ones that will be shared today.
There are several online payment platforms for businesses and the most common of them is paypal.
I’m sure you already know quite a lot about paypal so i won’t be talking on that instead i’ll talk on those ones that are not being talked about frequently.
The first platform for your online payments is –
Table of Contents
This platform is mostly useful for freelancers and small business owners where time tracking and invoicing happens to be important.
You can also make global payments which takes about 2 business days for it to be completed .
DUE also has a unique feature called “digital wallet” which makes it possible for its users to make transactions instantly to anyone in the world with little to no cost.
What makes it special also is ability for you (user) to store your cash online through their e-banking platform.
The second platform for your online payments is –
STRIPE is another brilliant platform which makes life easier for its users because of its flexible API feature .
Another advantage STRIPE has is the fact that you do not need to be a developer to handle this feature and it doesn’t include any unnecessary fee.
The third platform for your online payments is –
DWOLLA is very much similar to paypal when it comes to transferring of finds but different from paypal when it comes to using it’s API because it’s API focuses more on automated clearing house payments and also bank transfers.
This feature then allows users to create payment solutions best fit to them and transactions are carried out within a day. To top it up, all transactions are free of charge.
APPLE PAY is essentially used for big businesses. The transactions are extremely fast and very secure given that it uses a feature called TOUCH ID-CONFIRMATION.
In simpler terms, users can use their finger print to pay for any transaction made.
The fifth platform for your online payments is-
AMAZON PAYMENTS is one of the top notch payment platforms that assures it’s users the best service. Whenever a payment is made, it goes to the amazon checkout which makes the transaction process more secure.
The sixth platform for your online payments is –
SQUARE is also a very good platform especially when it introduced a magicstripe reader which enables its users to swipe their cards anywhere for a 2.75 percent fee over every transaction fee made. You can also send electronic invoices and get paid via their mobile app.