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What Are Different Types Of Payment Methods?

Credit cards, mobile payments, bank transfers, e-wallets, direct deposit and cash are some of the different payment methods types. Website: www.paygate.co.za<br>

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What Are Different Types Of Payment Methods?

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  1. Commonly Used Payment Method Types

  2. Credit Cards • These are the most common way for customers to pay online. • As a global payment solution, merchants can reach out to an international market with credit cards, by integrating a payment gateway into their business.

  3. Mobile Payments • It is a popular payment method in countries with low credit card and banking penetration. They offer a quick solution for customers to purchase on e-commerce websites.

  4. Bank Transfers • Customers enrolled in an internet banking facility can do a bank transfer to pay for online purchases.

  5. E-Wallets • An e-wallet stores a customer’s personal data and funds, which are then used to purchase from online stores.

  6. Direct Deposit • A direct deposit is a common payment method for subscription-type services such as online classes or purchases made with high prices.

  7. Cash • It is a payment method often used for physical goods and cash-on-delivery transactions.

  8. Why Choose PayGate as Payment Gateway? • PayGate, one of the best Payment Gateway was established in 1999, with more than 19 years of consistent payment services delivery. • They have developed into a global Payment Service Provider with satisfied clients in 5 continents, accepting online payments worldwide. • Supported by the secure state of the art payment systems, they help you and your business get the best.

  9. Contact us +27 (0)87 820 2020 www.paygate.co.za support@paygate.co.za

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