What are the types of electronic payments

The business types of electronic payment are divided into online payment, telephone payment, mobile payment, online payment processors point-of-sale terminal transaction, automatic teller machine transaction and other electronic payment according to the way of initiating electronic payment instruction.Online Payment

Online payment is a form of electronic payment. multi purpose steam mop Broadly speaking, online payment is a financial exchange between buyers and sellers based on the Internet and using some digital financial tools supported by banks to realize online monetary payment, cash flow, fund clearing and query statistics from buyers to financial institutions and merchants, thus providing financial support for e-commerce services and other services.

Telephone Payment

Telephone payment is a form of offline realization of electronic payment, which refers to the way that consumers can make payments directly from their personal bank accounts through the banking system by using telephones (landlines, cell phones, small phones) or other telephone-like terminal devices.

Mobile Payment

Mobile payment is a new type of payment method that uses mobile devices to complete payment behavior through wireless means. The mobile terminal used for mobile payment can be cell phone, PDA, mobile PC, etc.

Related article reading:
Types of Online Payments
How to understand online payments
The current situation of Internet payment and its development trend



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