Online Payment?

There are many system of payment in e commerce:

Credit Cards: -The most popular method payment in e commerce is credit the customer who buy goods simplify type their credit and card details to the service provides and the service provider assign the job to credit and organization who will handle the payment.

Debit Cards: - Like credit cards the customers can fill up the debit card number and this will be processed through the system.

Smart cards: - These are also just credit and debit cards but they are enhanced with programmable microchips.

Electronic Wallet: - It is a system where the credit card numbers are stored on our hard disk in an encrypted way. The website from which we purchase goods will support the electronic wallet when we buy goods online; the electronic wallet companies server facilities the credit card payments.

E-Cash: - Here the user transfer some money form a credit card or bank account into an e-cash account. The e-cash is then used to make payments for purchases.

Stored value cards: - It is most widely used payment system. This is just like a telephone card where the number is to be expressed after buying.