![]() Bitcoin: Customers can purchase Bitcoin from various online exchanges, and then use their Bitcoin to make payments.Customers can enter their bank account information into the merchant’s payment gateway, and the payment will then be processed and funds deposited into the merchant’s account. ACH payments are typically used for recurring payments, such as monthly subscriptions and utility bills. ACH Payments: ACH payments are automated payments made through the Automated Clearing House network.They also offer the ability to accept payments from customers through the Apple Pay/Google Pay app. Customers can link their debit and credit cards to their devices and then use them to make payments in-store or online. Apple Pay/Google Pay: These are mobile payment and digital wallet services.It also offers merchants the ability to accept payments from customers through PayPal’s website. Customers can link their bank accounts, debit cards, and credit cards to their PayPal accounts, and then use the service to make payments. PayPal: PayPal is an online payment service that allows customers to make payments directly from their PayPal accounts.The process of entering the card information and payment processing is nearly the same. Debit Card Payments: These are similar to credit card payments, except that the funds are drawn directly from the customer’s checking account instead of a credit card.The card issuer then processes the payment and deposits the funds into the merchant’s account. With credit card payments, customers enter their card information directly into the merchant’s secure payment gateway, which safely transmits the information to the card issuer. Credit Card Payments: This is one of the most popular methods of online payments today.Let’s take a deeper look into the different ways to receive Bitcoin payments, and also look at reasons why one should consider accepting Bitcoin as payment instead of traditional means.īefore we delve deeper, we would like to take a general look at the different options available when it comes to online payments: P2P Transactions: People can also perform peer-to-peer transactions by sharing their Bitcoin address to receive Bitcoin from other users. ![]()
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