Has 2020 taken online payment facilities to a new level?

by Startacus Admin

Businesses are adapting as it appears as though instant online payments seem to be the way forward, in all sectors and markets

Cash is no longer king thanks to Covid-19 and businesses in just about every sector of commerce are adapting to the new reality that instant online payments are the way forward, and they are here to stay. 

A study commissioned by Research and markets found that even once things return to some sort of normality, US consumers said they would be likely to continue to want to use contactless payments. 

Businesses have had no choice to but to adapt to the changes and increase payment options for customers. This has been a positive change for many businesses, as offering people a safe and more convenient way to pay for goods and services has led to an increase in sales. 

It’s not just bricks and mortar shops that have made changes, online brands have made new payment options available at the checkout to reflect that more consumers are using digital wallets and even cryptocurrency to complete their transactions. 

The big long-standing issues for customers when it comes to instant online transactions are safety and security, and how user-friendly they are. 

Relying on technology much more has been a side-effect of the pandemic, and a result more people are now more familiar and comfortable with making digital payments. An important note for businesses is that customers want a simple, convenient, and user-friendly experience when they reach the checkout, or they’ll take their business elsewhere. 

As for security, this is a concern for many people when they are paying for goods and services online, but the good news is, whether you’re shopping or gaming, online payments are easier and more secure than ever. 

If you often shop online, you will definitely have heard of internet payment processors like Skrill and PayPal. 

When Skrill was founded in the UK in 2001, it originally focused on gambling and e-sports transactions. By 2009, it announced that it would be offering payment services to all customers and businesses, not just gambling and e-sports.

Skrill currently accepts payments in over 40 world currencies as well as cryptocurrency, and it’s also possible to have a debit card that can be linked to your bank account. 

Paypal is one of the most familiar names when it comes to online shopping. It’s easy to connect it to your bank account, and its reputation for safety and security is on another level. This is why it’s extremely popular with shoppers and online gamblers alike. 

For all of you online casino lovers, just like when you shop, when you use one of the many available PayPal casinos, you are covered by a range of protections including buyer protection, fraud protection, and some of the most advanced data encryption around. There’s also an account protection feature that covers you against things like unauthorised purchases and identity theft, meaning that you won’t suffer irretrievable loss if someone was to gain access to your account. 

So if you’ve passed time in an online casino during the pandemic and you want to know that every transaction you make is safe and secure, you’ll know that you’re protected when it comes to depositing at a Skrill or Paypal casino site.

 

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Published on: 18th November 2020