The Best Means of Transacting Online

Online payment methods have simplified local and foreign transactions. Discover the best means of processing your online transactions.

Top 5 Online Payment Methods

Online payments have become easier than ever with the plethora of available options. Nowadays, it’s possible to deposit or withdraw large amounts. You are able to use credit and debit cards, e-wallets, e-checks, bank transfers, and cryptocurrency. 

With these payment means however comes a new headache which is choosing a more preferable option. If you carry out transactions online frequently, you probably want a banking method that remembers your information, instead of providing it every single time. Such a reason amongst many others is why technology is being introduced in home banking.

We have considered some of the prominent online payment methods below. You will also discover the benefits of using each and which method suits you best.

Credit/ Debit cards

Credit and debit cards are the easiest payment options in the international market. With debit cards, you are limited to the amount in your bank account. Credit cards, on the other hand, allow you to spend way higher and the amounts are billed to you by the end of the month.

If you regularly purchase products on e-commerce sites, either is an ideal choice for you. As global payment solutions, both are recognized for making seamless transactions. Common ones include MasterCard, VISA, and Maestro. 

All you have to do is fill in the number of the card, its expiration date, and the CVV. After your first transaction, you can choose to save your payment information for a faster process of payment afterward.

Bank Transfers

Bank transfers work just like debit cards. With them, it’s like directly sending money from your account to the recipient’s account. It is among the most used options in Asian-Pacific and European countries.

Only a few things separate a bank transfer and a debit card transaction. When you make a bank transfer, you need not make use of a physical card. Both methods are also useful in making withdrawals online.

Compared to debit cards, bank transfers take a longer period to process payments. For instance, while credit/debit cards may take between 1 to 3 days, you may have to wait between 3 to 5 days to access a withdrawal. The method also requires higher minimum amounts to be withdrawn.


E-wallets are electronic wallets used in storing funds. On e-commerce sites, they serve as an intermediary between the site and the customer’s bank account.

Customers simply link their bank accounts to the e-wallets once. The next step is funding them with a certain amount. Once they are set up, all deposits are made from the amount. Withdrawals are also paid into the e-wallets.

Some common e-wallets include Skrill, NETELLER, and PayPal. The speed, privacy and reduced transaction costs that accompany them are features that make them stand out from other payment options.

They are also more accepted worldwide. And this makes them particularly beneficial to casino players from countries where gambling is restricted. 

Most payment options like inter-bank transfers do not work in such locations. E-wallets, however, function in these areas as they are not subject to barriers preventing other forms of transactions. 

For Indian players, it is possible to play roulette online in India and receive payouts seamlessly in your e-wallet. You also enjoy a variety of welcome offers on registering, together with a diverse category of games.

Apple Pay

The popularity of Apple products makes this method one to consider. It serves as a good alternative to conventional debit and credit card payments. While payments are secure, the method is also faster as you don’t have to enter your lengthy card information. 

The service lets you complete payments in an easy manner, with a single click. You can even use your Touch or Face ID depending on the feature available on your iPhone.

Android users can also make use of Google Pay which functions just as effectively as Apple Pay.


More online businesses are beginning to embrace cryptocurrency payments. While Bitcoin is the foremost of all, others are widely accepted too. 

Some of such coins include Litecoin, Ethereum, Dogecoin, XRP Ripple, and Tether. All offer you privacy and anonymity as only your wallets are required for transactions you make. The downside to transacting with cryptocurrency is it remains volatile, and its value easily fluctuates.