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Keys to manage payment methods in your electronic commerce

Keys to manage payment methods in your electronic commerce

There are many traditional businesses that have made the leap to the Internet, and it is that the sale through the Internet is booming and with it, ecommerce is gaining ground in terms of business opportunities.

But… What is the payment method for your online business? What alternatives are there? How should they be managed?

Evaluation factors before choosing a payment method

In order to make purchases as easy as possible, it is important to know which payment method fits the needs of your online business.

The Banco Mediolanum app allows you to carry out many of these types of payment, from making a Bizum, to payments by credit card or bank transfers.

Today there is a wide variety of forms of payment. There are businesses that only admit one, at most two forms of payment. Others, on the other hand, have decided to include the more forms of payment the better.

Ultimately, it will depend on your needs and how beneficial one method or the other is to you. You can choose a more conventional one and a newer one, for example. Next, we review in a general way the different payment methods that currently exist.

Pay with Bizum

Although it is true that it has been between us for a long time, pay with Bizum it is the newest method to date. Although it is still unknown to many people, it is a valid, effective and efficient method! In a few seconds the complete transaction can be carried out. Through your entity’s app you can pay with Bizum instantly.

Opt for the more conventional methods: credit card or bank transfer

Of course, conventional methods are still on the table. One of the most used is the payment by credit card that allows you to buy at the moment, entering your card number and some other information.

In addition, bank transfer is always a good possibility that we must not lose sight of. In this case of having an online business, it is enough to provide the details of a bank account so that customers can send a transfer to your name and account number, with the subject that you propose.

Other lesser known forms of payment: Stripe

Last but not least, we have the well-known “payment gateways”, such as Stripe.

The difference with other options such as Paypal is that, while they automatically send you to an external website to complete the purchase, Stripe has its own payment form within the same website.

It is installed easily and for free, you just have to register your ecommerce in Stripe by inserting the business details, as well as your bank account. Once you receive a payment made with Stripe, you will be able to view the amount and receive the money automatically in your associated bank account.

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