I have to admit that, at first, I was pretty skeptical when it came to paying for things online. I couldn’t get my head wrapped around the concept of money traveling instantly online. However, I have since learned that money transactions online are very efficient and convenient, which is very important for people who like to shop or visit a casino online. The important thing is to always read reviews and see which sites are trustworthy. The more comprehensive a review is, the better. Take a look at this Betbright review if you want to see what I’m talking about.
The thing to remember, though, is that you can’t trust our money with just anyone. I have come up with a few payment options that are used online.
To those that follow the legacy of Steve Jobs almost religiously, here is Apple Pay, a personalized system that requires touch ID confirmation. In other words, no one but you can pay for things using your account. It is relatively new, but like anything Apple, it’s a recognizable brand, and I’m sure it will soon become standard.
While Apple Pay is fresh, this one has been around for quite a while. It allows you to complete transactions with over 150 currencies, which is something not many payment platforms can boast about. Additionally, if you still prefer to have a card in your hands that you can use at the ATM, this is a good option to consider.
Shopaholics that frequent the Amazon can rest easy knowing that all of their transactions are verified with this platform, especially if they are running a business. This means that they have a tough security system and are able to detect any and all suspicious transactions. So, if you normally only buy merchandise, and there is a sudden one-way ticket to the Bahamas, you will be alerted immediately.
Skrill is not as potent as Payoneer since they accept only about 40 currencies. However, what it lacks in diversity, it makes up for in transaction fees, the bane of all online payments and balance checking. You can even attain an additional discount on your fees if you choose to refer a friend.
Another veteran and, arguably, the most popular online payment method, PayPal has connected millions of buyers, sellers, service providers, and freelancers, as it accepts international payments, and has an intricate fraud-prevention system. There are over 20 million users just in the UK!
It offers several account options for business holders that allows you to pay for things and accept payment from other users and, in some cases, even outsiders can make a deposit into someone’s account. Business owners can even order a card reader and integrate their phones into the business.
If you want to keep up with the times, then you simply must check out Google Pay. It allows you to make quick purchases from your phone, without the hassle of manually entering your card details whenever you see a lawn chair or a game that you like.
The security is tight, and Google is one of the biggest companies on the planet, so it is not unreasonable to expect them to stand fully behind this service.
For business owners with technical know-how, there is Stripe, a platform with no monthly fees and, more importantly, no hidden fees. The transactions are transparent and easy to read. The only potential downside is that, sometimes, transactions take a while to process.