Electronic shops, payment options and transaction security.
Online consumers prefer purchasing products from E-Shops because an electronic venue allows them to track down the most competitive prices and avail themselves of an easy-to-use and quick purchasing procedure. E-Shops must facilitate multiple payment methods and payment plans.
Credit Card
All electronic shops must support credit card payment (Visa, Mastercard, American Express). E-Commerce would be practically non-existent without the use of "plastic money".
PayPal
Another widespread payment method, especially for E-Shops aiming towards foreign markets, e.g. the United States. For example, American consumers will entrust the internationally recognized PayPal foundation as opposed to payment centers established by Greek banking foundations, wholly unknown in the American market.
Cash on Delivery
This is probably the traditional payment method for all E-Shops. It can appeal to relatively inexperienced and naive Internet users who may not favor using their credit cards in E-Shops.
Bank Deposit
A portion of online customers choose to use this particular payment method because of the widespread use of E-Banking procedures.
Multiple payment methods must also come with a sense of security for customers in every E-Shop. E-Shop Design must promote reliability, but also include security measures.
Apart from the above, every E-Shop ought to provide customers with payment plans, e.g. installment plans. E-Shops will thus attract loyal customers on a daily basis, who are very likely to return for more purchases and also share their experience via word-of-mouse with other online consumers.
If you have any queries regarding payment methods you can offer through your E-Shop, please call us at +30 210 6149200 to provide you with a detailed response.