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Electronic payment methods

First: the traditional way

Payment of cash on receipt, where electronic shops contract with shipping companies to be the link between the seller and the buyer in the delivery of the product and collect the agreed amount, and usually there are additional charges on the price of the product when using this method.

Second: Bank transfers

Bank transfers are the customer's go to the bank and transfer the amount to the online store account number.

 Or transfer the amount from the bank account of the buyer to the bank account of the shop and this is done by:

1- Credit Cards (Visa and MasterCard)

2. Credit card is prepaid

 It is specially designed to facilitate online purchases, which are cards without a bank account, in which an amount is deposited for bank transfer in purchases.

= When paying with credit cards on any website or e-shop

You will be asked to enter the 16-digit card number, the expiration date of the card and the PIN code (the last 3 digits on the back of the card)

After entering the previous credit card data and pressing the Confirm button, the bank transfer process is successfully completed in the online store account.

Third: Websites

Is one of the most important methods of electronic payment, which are intermediate sites between the seller and the buyer to transfer and receive money in online purchases and is now spread in the Arab countries and the most famous site:

Paypal

 This is done by adding any credit card on the site and completing the purchase without having to enter the data in each purchase.

Fourth: Transfer Companies

Transfer companies are spread around the world. The buyer transfers the amount to the local agent of the transfer company and within a day the seller can receive the payment from the local agent near him. Is faster than sending and receiving a check by mail, as well as low bank fees. Some of the most popular transfer companies are:

Western union

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