Top 6 Payment Methods for Online Shopping

Online Shopping

With online shopping, you can purchase products at your own time and convenience. Moreover, you can choose any one of the available payment methods depending upon the location. In this article, we will examine the various payment methods commonly available on popular e-commerce platforms.

Cash on Delivery

The Cash on Delivery aka COD is the popular payment method employed by companies like Flipkart, Amazon, and Snapdeal. The problem with this method is that there will be a limit for purchase. You can only buy products within the limit depending upon the location. You will have to keep cash ready when the item is being delivered to you. The staff will verify the amount and will hand over the product. You will have to sign a declaration after the product is delivered to you by the Wishmaster/associate.

Debit card

You can pay using Debit card issued by your bank. You won’t be able to use ATM debit cards. You will have to apply for a new debit card and it will be linked to your account. You will have to register with Verified by Visa for security purposes and register for an OTP. You will have to provide the OTP code sent to your mobile while placing an order.

Credit card

With Credit card, you will have to buy the product and pay later on to your bank upon receipt of the statement. Normally, bank imposes credit limit for purchases. This means you can only buy products up to a certain amount fixed by the bank.

Net Banking

You can also make use of Internet Banking to purchase goods via e-commerce stores. You have to contact your bank if you don’t have this service. You have to be careful not to use the net banking system in public Wi-Fi networks. You can use if you have a protected Wi-Fi inside your home or office.

Mobile wallets

The use of mobile wallets has become popular after Demonetization announced by Prime Minister Narendra Modi. The e-commerce companies have integrated Paytm, PhonePe and other similar wallets into their systems. You just need to load the required amount of cash and the products can be purchased from anywhere without using any debit/credit cards. However, you have to use any one of the payment methods for loading cash.

Gift cards

The best and secure way to buy products via online shopping is via Gift Cards. You can load balance to the respective wallets or use the gift cards received from others. If you had done a work for a company, they would probably reward you in the form of gift cards. You will receive an email with a long Gift card ID and you have to redeem it on the relevant e-commerce portal. However, you have to use the card before the expiry date. The best way is to purchase goods immediately after its receipt or within two months.

Anand Narayanaswamy is the editor-in-chief of Netans. He was recognized as a Microsoft Most Valuable Professional (MVP) for 9 years (2002 to 2011) and again as a Microsoft MVP in Surface under Windows and Devices in January 2024. He worked as a Chief Technical Editor with ASPAlliance and was part of ASPInsider program. Anand has published several articles and reviews related to various software and hardware products for various software and technology related websites. He is also active on social media and also participates as an Influencer for various brands. Anand can be reached at

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