Online payment

Online payment refers to the process of handling payment transactions via the Internet. Online payment is very common with online shops and other e-commerce applications and offers customers a simple and efficient way of completing purchases online without the need for a separate money transfer. This method can also be favourable for the seller because several online payment options additionally enable a corresponding creditworthiness check.

Online payment methods

Payment by credit card is very common worldwide and one of the best known online payment methods. In Germany, on the other hand, electronic debiting is very popular. Besides several external transaction services (PayPal, Sofort-Ueberweisung.de, Billpay, bytepay, Payone, Click & Buy), many online shops still use traditional payment channels, such as payment after receipt of invoice, advance payment or cash on delivery.