Online Payments – Choosing the Best Option

When you ask your customers to pay online the method you choose can be the difference between making the sale, or not. And the right payment processing option can determine whether processing your orders is efficient, painful, or simply not viable.

The most popular options are Internet banking and credit cards. Internet banking is simple enough – your customer places an order, pays via internet banking, and you send the order when the money arrives. You can also look for best card machine providers via https://omni-pay.com/card-machine-range/

There are so many options for accepting credit card payments that you may be inclined to use the first option you find that you can understand. This guide explains the most popular options, and shows you the complete costs, so you can make an informed decision that saves you time and money.

Internet Banking

All the major banks now offer online banking and this allows people to make payments directly to your nominated bank account. All you need to do is give customers your bank account number – usually on your web site.

Payments are typically processed over night so you will usually see the funds in your account the next day. Internet banking is less efficient for processing payments than credit cards.

There's a misconception that it's not safe to show your bank account number on your web site. This is not true – the only thing people can do with just your bank account number is deposit money.

Advantages

Free or very low cost to set up

Easy for your customers to use

Payments can not be reversed