Home > Posts > payment methods > Best Ways to Accept Online Payments in 2019

Best Ways to Accept Online Payments in 2019

With the great use of electronic payment, one of the most important things that any company or organization has become interested in is finding a way to accept online payments. Which makes it easier for them to deal with their customers. We will be here to clarify the preferred electronic payment methods currently in place.

Ways to Accept Online Payments

Credit Cards and Debit Cards

Using credit cards is one of the most common methods of accepting payment, as your credit card is used to store your company’s website. If you are a business owner and want to provide this service to your customers you should obtain a broker account between you and your client or merchant account.

Visa, MasterCard and American Express are among the most widely accepted credit cards. Visa accounted for 47% of credit card transactions in 2015 with MasterCard and Amex at 21% and 12%. Visa and MasterCard debit card purchases are projected to grow to 114.1 (Bil.) and 47.8 (Bil.) respectively by 2019 worldwide.


This happen through ACH processing which is financial network used for electronic payments and money transfers.  ACH payments are a way to transfer money from one bank account to another without using paper checks, credit card networks, wire transfers, or cash.

This method allows the customer to enter data from a paper check in an online payment form or through the website interface. you should know the steps of accepting ACH payments:

  • Decide if you need ACH. 
  • Talk to your bank about merchant services companies. 
  • Fill out the necessary paperwork. 
  • Read the ACH payment setup forms.

Mobile Payments

They are payment services operated under financial regulation and performed from or via a mobile device. Instead of paying with cash, cheque, or credit cards, a consumer can use a mobile to pay for a wide range of services and digital or hard goods.

The use of cards inserted into a mobile phone has become a common way for customers and businesses. Payment confirmation will be confirmed and confirmation confirmation will be sent as soon as payment is confirmed. This method allows customers to purchase products and services online, manage their accounts, send invoices and other services.

According to Fiserv research*, 79% of households reported having a smartphone, a 20% increase from 2014. With smartphones in the hands of your customers the opportunity to increase revenue through mobile payments is huge.

Online Payment Gateway

Adding online payment gateway to your website is very important way which the gate way is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar.

You could add a simple form in your website that customers could fill and finish their money transactions. According to the same Fiserv research, between 2015 and 2016, there was a 72% increase in consumers making payments at both the biller and financial institute websites.

You can provide many services at the payment gateway you will add to your website such as hosting a payment form, providing secure payment processing, and safe storage for customer account. Lets you submit an online payment form to customers who pay you easily and allows you to accept payments by credit card or debit card or echeck.

Click-to-Pay Email Invoicing

An invoice e-mail is an email that contains the bill that needs to be paid. If you send an invoice email to a client, the client pays you the amount mentioned in the bill. Sending invoice over the mail is a hassle-free method of tracking and your payments.

This method enables the customer to pay bills and receive receipts directly Send your customers an invoice via email and pay a few clicks. The email billing system gives your customer the ability to pay his bills and receive a receipt in seconds. You can share an online payment form with your customer via email. With a fully integrated experience – from email to online payment form to customer database – you can streamline your reports and manage your data safely. Therefore, when the customer clicks and pays, the invoice is automatically marked as paid in your system.

According to Fiserv* 60% of customers have stated that their concern for the environment has played an important or very important role in their decision to pay and view bills online.

Recurring Billing

It  is a payment model that allows companies to invoice their customers based on a schedule that the company specifies The most common forms of recurring billing include subscriptions, membership dues and payments that are made under an installment plan.

It is a convenient way to pay for monthly services such as monthly subscriptions to a gym using a recurring billing system. according to Fiserv* Staying organized is a top concern for customers when it comes to paying bills each month. 35% are worried about keeping track of due dates and 29% are worried about the possibility of being late.

EMV/Chip Card

It is a payment method based upon a technical standard for smart payment cards and for payment terminals and automated teller machines that can accept them. EMV cards are smart cards that store their data on integrated circuits in addition to magnetic stripes.

EMV chip card technology secures the transaction with enhanced functionality in three main ways: Card authentication  EMV protects against counterfeit cards by creating unique transaction data so that any data that fraudsters may intercept could not be used in subsequent transactions.

error: Content is protected !!
Vapulus Blog
Left Menu Icon