Payment should be easy for everyone, be it cash or electronic payment. But that is not obvious. A large group of people has difficulty with this. Think of some elderly, deaf, blind, low-literate people or people with a physical disability. It is important that they can also arrange their daily payment and banking affairs independently. And that they have as much choice as possible about how they pay. What does DNB do for accessible payment transactions?
Shopping on the Internet enjoys general popularity, above all because it is possible to shop at any hour and potential customers have the greatest possible choice.
Not only with products but also with the various payment options.
In our blog article, we go into the advantages and disadvantages of the respective payment methods.
Due to the various payment providers, paying for online shopping is very convenient.
Many online shops prefer to pay in advance because the customer has already paid for the product before it is even shipped.
Purchase On An Invoice :
From the point of view of your customers, purchasing on the account is one of the safest payment options.
The advantage: Customers first receive the goods and only then have to pay.
The same applies to returns. In the end, you only have to pay for what the buyer wants to keep.
Pay By Direct Debit :
With this payment method, the retailer has the account details and the consent of the customer, so that money can be debited from the account.
This is how online shops get their money quickly and customers can look forward to fast delivery, especially in large shops.
The advantage for customers is that the payment can be reversed within eight weeks if something goes wrong or the product is disappointing.
Shop Online With A Credit Card :
There are many countries where paying by credit card is much more popular.
Likewise, products in the B2B sector are often paid for by credit card.
After entering the credit card details, the payment can be made directly, which is a great advantage for online shops.
As with most other payment options, customers can use the so-called chargeback procedure to reclaim the amount already paid for credit card payments if there are problems with the product or shop.
The Advance Payment :
Every company is interested in the fact that payment by customers causes as few costs as possible – especially for smaller companies it is immensely important to keep costs as low as possible.
This is a way to reduce complications with late customers and thus prevent payment difficulties.
That is why prepayment is very popular with small online shops. With this payment method, the invoice amount is on the account before the goods are shipped.
In addition, many fake shops only offer this payment method. Therefore, offer different payment options so that your customers can choose the payment method that suits them best.
The Installment :
Buying in installments corresponds to modern buying behavior: Take it with you immediately, pay later – online shoppers no longer want to save for a large product for a long time. The solution: installment payments.
Customers want flexibility. This is why the financing option is particularly useful for higher-priced products.