Online payment systems and offline                                          traffic news

  Online Payment Systems and Offline

Credit cards are still reigning as the main method of payment for online shopping, but other payment options are available. Your product and your customers purchase preferences will affect which methods of payment you accept. In other countries, credit cards are not so widespread, so it is possible to consider the possibility of offering alternatives to its international clients.

Offer your customers the option of charging purchases to a phone bill. Echargeoffers an alternative method of payment allowing Internet users to "load" shopping at your local phone bill. With eCharge, items with prices starting from $1 can be processed. Low loads make this method suitable for the purchase of services such as memberships, subscriptions and digital products.

There are no monthly fees, but a cost of $50 is required, and eCharge imposes a fee per transaction of 8.25%. Consumers pay a fee of $0.50 for transactions less than $10, $1 for transactions of $10 to $35 and $2 for transactions of $35 or more. Merchants may choose to absorb the share of consumption.

An electronic check generates a type of cheque is deposited in the current account of the trader and passes through a standard control process would be. Like a paper check, an electronic check can be returned for insufficient funds, while a bank transfer is verified before the sale is completed. E-cheques usually do not need more than just a standard current account to be processed. This is an excellent choice for business to business transactions. has two products that allow the payment through a checking account. To accept e-check and EFT payments with this system, neither you nor your customers require special hardware or software. Coding is integrated into your website to link effectively to their customers to a secure server. There is the information of the bank account is necessary, and wire transfer or electronic check is started. The merchant and the customer receives an immediate verification of the order, and the merchant receives the name of the customer, address, telephone number, e-mail address, requested articles, and the order total. Once the service is in place, electronic fund transfers also can be completed by phone or fax. You, the merchant simply gather all the information in the cheque for your client, and then enter this information on EFT software, if it works on your PC, terminal point of sale, or automatically through a Web-based application.
Online payment systems and offline

PayPal launches new payment line at Home Depot system

One of the largest retail chains of improvements to the home in the United States.UU. It has begun testing of PayPal as a payment method at the point of sale. The process of payment in the mobile shop will allow Home Depot customers to pay for your purchases using only the mobile phone number associated with your account PayPal, along with a PIN. Funds are taken directly from their accounts from PayPal, as well as with a debit card.

PayPal is above all remains a platform for online payment where safely users can send and receive money among themselves, without revealing your credit card or bank details. Last year, PayPal started playing with the idea of making the platform available in the real world and not only relevant for online shopping. See the video below to see what the future of procurement could be with PayPal.
 Last year, PayPal announced also the new settlement of payments online, which offers an alternative for change of game developers, newspapers, bloggers, media, and all those who seek to make money from the billions of dollars of available digital content today. Today, PayPal for digital goods that comes out of Beta and is widely available to the developers of games, media editors, or anyone interested in the sale of digital content on a global scale.

When consumers pay for online content, PayPal for digital assets allows them to pay in just two clicks without having to leave the game of an editor, news, music, video or media site. It is the equivalent in line to drop a coin in the slot to buy chewing gum.

Based on the existing security of PayPal, the service offers a fast, secure and cost-effective way to send and receive micropayments. PayPal for digital goods still has competitive rates for micropayments by 5 per cent more prices 5 cents for the purchase of less than $12. This is in fact lower rates that they are commonly charged by the processors of payment in the industry of DG. As an extra benefit, publishers and merchants are paid automatically and immediate access to their funds, each time that a customer buys digital assets.

During an event in Las Vegas, John Donahoe, CEO of eBay (company belongs PayPal) announced that online payment service "is projecting a turnover in Mobile's $ 7 billion payment by 2012"

For his part, David Marcus, Vice President of PayPal Mobile, said that "PayPal reached a total of 4 billion in volume of mobile payments in 2011, exceeding the raised expectation of 1.5 billion and exceeded the figure of 2010 ranked US $ 750 million".

New trends and demands of users.

Ericsson Consumer made an interesting survey which found that 67% of smartphone users are willing to make payments through their mobile devices.
The survey also shows that 90% of the owners of smartphones comes out into the street without them, compared to 80 per cent who claimed not to leave home without money. Ericsson also recalled that in the fourth quarter of 2009, the mobile data surpassed those of voice, but her doubled in the first quarter of 2011, proving that consumers are every day more connected to the Internet and at all times.
Men, on the one hand, are that more services used through them, while women tend to draw more, send more messages, and more to connect to Facebook. On the other hand, consulted on the crisis, Internet would be one of the last cuts that would take place in their homes, although the two top priorities are electricity and water.
 Online payment systems and offline
Mobile payments a closer reality
Already for some years there is talk of mobile payments using NFC technology that aims to make everyday life more easy and convenient as turn mobile phone into an electronic wallet. Thus in the points of sale like supermarkets, car parks, petrol stations or any other establishment, points of NFC payment can be found in which only approaching the mobile phone to the sales platform can make the payment.
The NFC also has other advantages, as it becomes the mobile phone an identity document, for example in the public transport by way of payment of transport for lathes and checkpoints in buses or as input for cinemas, theatres, concerts and other events, downloading the entry and bringing the mobile NFC point.
Although 2011 is postulated as the year of arrival of the NFC payment system, seems it still must wait a few years to see extended this technology. A survey carried out by Sybase this year reveals that 55% of Spaniards believed that it is premature to make payments via mobile phone is definitely located in Spain.

The European Commission (EC) also aims to make more transparent the payments through credit cards but also through the Internet or even from your mobile phone. To do this, the EC prompted a public consultation to solicit views to improve this type of payments, which are extending the possibility of making the purchase on the Internet, the use of debit cards to pay merchants in other States members or the use of virtual train or plane tickets

That is why there are currently more companies that have joined with PayPal to offer clients "new shopping experiences, from scanning the phone to pay at the cash register or pay from your mobile to avoid having to make row." This has been in the past year in establishments such as Starbucks in the United States.

As the popularity of this type of service progresses, we we are approaching a different and distant reality which are used (at least in so far as to purchases you do on a daily basis). For you is this good? Or would prefer stay with the current model in which we all use cash and credit cards?

Online payment systems and offline