Friday, July 9, 2010

Types of payment system


Online shoppers commonly use credit card to make payments, however some systems enable users to create accounts and pay by alternative means, such as:

* Debit card
* Various types of electronic money
* Cash on delivery (C.O.D., offered by very few online stores)
* Cheque
* Wire transfer/delivery on payment
* Postal money order
* Reverse SMS billing to mobile phones
* Gift cards
* Direct debit in some countries

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