The Benefits Of Online Payments For Customers And Entrepreneurs

online-payment-services

The World Health Organization has officially declared COVID-19 as a pandemic. Thus, in light of our global situation, the general public has been advised to comply with the safety measures set in your area to prevent the spread of the coronavirus. This means actively staying away from long lines, crowds of all sizes, and simply engaging in social distancing.

Fortunately, one of the easiest ways to do that is to pay your bills at the comfort of your own home through online paying services.

 

There are lots of advantages to transacting online, such as:

 

Ease Of Use

Nowadays, companies aim to make their online platforms to be as user-centric as possible in order to continuously improve their customers’ experiences. Therefore, more often than not, having apps with simple, and user-friendly designs is one of their top priorities. This way, you’re more likely guaranteed that even individuals who aren’t necessarily tech-savvy can proceed with their transactions with little to no difficulty.

 

Transparency

In most cases, your account’s details will be updated in real-time. This means that for every transaction you engage in, the changes are immediately reflected in your balance. Plus, similar to payments made in brick and mortar stores, you’ll also have a downloadable receipt to help you validate and keep track of your spendings.

 

Convenience

This point goes beyond simply being able to pay from home. Users may be pleasantly surprised to know that they can easily set up payments for all their monthly recurring bills. This way, you’re guaranteeing yourself and your service providers that all your payments are done on time. Moreover, you might also find hidden treasures such as last-minute deals from your favorite merchants.

 

Here are two of the most popular online payment platforms you can use:

 

PAYMAYA

paymaya-screenshot
Screenshot/paymaya.com

Managed by Bangko Sentral ng Pilipinas, PayMaya has bank, biller, marketing, international remittance partners and more. Check out their complete list of partners here. Alternatively, you can also pay your utility bills using their app.

 

GCASH

gcash-screenshot
Screenshot/gcash.com

Currently, GCash is trusted by 20 Million users and counting. Through this platform, you can pay for your food and other groceries, medicine, as well as other essentials. Click here for their list of merchants. You can also browse through their list of billers to check whether you can pay for your utilities, tuition and more online too.

 

COINS.PH

coins-ph-screenshot
Screenshot/coins.ph

Similar to the first two options, Coins.ph also allows its users to pay for load and utility bills. However, it also offers you the ability to buy digital currency like Bitcoin.

 

Entrepreneurs are also highly encouraged to integrate online payment platforms into their business operations. In doing so, transactions can be made more efficient for everyone. Here are a few of them:

  • Gcash to join over 73,000 merchants
  • Paynamics for your email billing needs
  • PesoPay to accept debit and credit cards, eWallets, and Bank Account and Net Banking
  • Dragonpay to cater to your clients’ online banking needs
  • Coins.ph to accept payments without the need for credit cards and bank accounts

 

Sources

  • www.invoicera.com/blog/top-10-business-advantages-of-accepting-payments-online/
  • paypax.net/blog/advantages-electronic-payment-system/