Online Payment System
In 2013, every second German made at least one purchase online. Shopping on the Internet is particularly popular in the run-up to Christmas. The sellers and online stores accept different payment systems:
- Prepayment
- by direct debit,
- payments on account,
- by credit card and
- cash on delivery
are certainly familiar to most people from the times before the online shopping boom. To this day, they are widespread in online retailing.
Wide range of online payment options
As the number of Internet stores has increased, so has the selection of electronic payment options. Over time, various payment options have been developed. The online payment systems all have in common that the customer only has to verify his data once with the respective payment service provider. The service can then be used in any online store that supports the corresponding payment provider. This means the greatest possible convenience and security for the customer when making payments. Fast money transfer is another advantage offered by modern online payment systems. Purchases can be processed in just a few seconds. This is very advantageous for the customer when downloading software or games for a fee, for example, because the software or game can usually be downloaded and used as soon as payment has been made.
