8.7 E-commerce payments methods

E-commerce payment methods are the various ways through which customers can make online purchases and complete transactions on an e-commerce website. Offering a variety of payment options can enhance the shopping experience for customers and increase conversion rates. Here are some common e-commerce payment methods:

1. Credit and debit cards
2. Digital wallets i.e. PayPal, apple pay, Google pay
3. Bank transfers and e-checks
4. Cash on Delivery (COD)
5. Cryptocurrencies
6. Bank and wire transfers