Hey! Welcome to 89-shopaholic.blogspot.com. My name is Kar Hooi and I'm going to explain the types of payment in online shopping. Nowadays, there are more and more people start shopping online. Yet, some are wondering. How to make payment for the online purchases? Well, most online sellers offer a variety of ways to pay. Here is a list of common payment methods according to Wikipedia:
-Credit card
-Debit card
-Internet banking
-Various types of electronic money
-Cash on delivery (COD)
-Cheque
-Wire transfer/delivery on payment
-Money order
-PayPal (https://www.paypal.com/)
-Google checkout
-Amazon payment
-Bill Me Later
References: -Online Shopping, Wikipedia[online], Retrieved 17th January 2009 URL: http://en.wikipedia.org/wiki/Online_shopping
Among these payment methods, credit card and PayPal are the most common payment methods that normally use by online shoppers. However, some online shoppers may ask questions such as: Is one method better than the other? Which payment method is easiest? Which way is the most secure and reliable? Well, different people has different definition. Some people said that PayPal is the safer and easier way to pay online because it pay without exposing online shopper's financial information. Some said that credit card is the most secure way of paying because it has credit limit and 3D-Secure, which designed to combat online credit card fraud. In my opinion, I think internet banking is a safety way to make payment. You will be given a PIN number and this PIN number must be entered every time you log on to your bank website. Besides, the bank website will terminate your session when there is no activity within a preset time to against unauthorized user. Here is a internet banking payment guide to let you guys refer. http://www.love.com.my/maybank2u.html
Make payment online is fast and convenience especially for online shoppers and making online shopping more fun. But, be careful when shopping on internet. Do not ever show your PIN or credit card number to anyone to protect youself...
Thanks for spending time to read this article. Have a Nice WeeKenD!
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