Popular Online Payment Methods

Popular Online Payment Methods

Technology has heavily influenced the generation and the convenience of smartphones and internet access has changed their buying habits too. Seller and buyer, both are interested in safer, convenient and faster mode of payment because cash is becoming old-fashioned and credit cards are nearly phased out.

Below are a few popular online payment methods that Generation Y prefers to use:

Social Payment Gateways:
Transferring money from one user to the next within the network. Consumers with similar taste are networking frequently according to a survey. SnapCash by SnapChat is a quick money transfer channel allowing users to instantly exchange cash from one account holder to another. “Actions Buttons” are utilized by Pinterest within their platform to complete a purchase directly from within Pinterest site or to allow its users to add items to their Amazon Wish List to complete their purchase.

UPI Apps and eWallets:
UPI App facilitates the instant fund transfer between two bank accounts on the mobile platform. It is built over IMPS for fund transfer. On the other side, Google Wallet and Apple Pay are excellent example of eWallets being put to use.

Digital Money:
The entire world is shifting towards payment methods which are more technologically-driven. Eg. Bitcoins. It may change the entire structure of the world’s economy.

Mobile Payment Apps:
Exponential increase in usage of mobile POS as mobile usage grows. Almost every millennial is in using their smartphone throughout the day. Researchers predict that nearly $4 billion worth of purchase is done from mobile device.
In-store payment apps like PayPal and Apple’s iBeacon are also on rise.



  1. I truly appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You’ve made my day! Thank you again!

Leave a Reply

Your email address will not be published. Required fields are marked *

Our Clients Love Us

  • “Web India Solution.Net designed a remarkable website that has enabled us to generate a good business, though our industry is really competitive. Their professionals have ability to understand the concept and implement the same in effective manner. Their support staff is effective in handling escalations and providing solutions. Best move we have made.”

    (SAM Consultant)
  • “We are one of our kinds and because of this our website should reflect best to our clients. Web India has made this easy for us and now we have a fantastic website and team of Web India is unbelievably helpful to us. The best thing about the organization is their support staffs who are available 24*7 for handling the accretion. Keep it up guys and wish you more success. With the help of your online promotions solutions, we have been able to increase and cater our clientele up to 40%. Web India Team have been great to work with.”

    (Exzellenz Services)
  • “Web India Solution is one stop solution to outsource all your website designing, development and online promotion needs. Our company deals in colors and Web India Solution team left no page unturned in designing and they designed a perfect colorful website of our company. The work shows full abilities bestowed by the professionals which is very impactful. Their SEO solutions helped us to increase our traffic substantially as well as a significant increase in the quality of our leads.”

    (RB Rang Rasayan Pvt. Ltd.)
  • “Many thanks for completing our website as per the requirement. With our new website, we are now able to serve and manage our domestic as well as international clients more effectively. With your online promotion solutions, we are now getting 2 times more traffic to our website. Your support and approach have convinced us for signing another optimization contract with you.”

    (VK Enterprises)
  • “You deserve real appreciation for the sincere efforts on our project as you guys have done fantastic work for my website. Our website looks really attractive and meets all our expectations. Thanks for doing the needful in timely manner. Within three short months we were ranked on the first page of Google for all of our major keywords. Thanks again for a wonderful online promotion of our website. We wish you all the luck in future.”

    (Online SAP Trainers)

Like us


error: Content is protected !!