Payment methods for online stores
Paiement when recieving
Cash on delivery is a payment method in which the customer pays after receiving the goods/services. Customers pay in cash or directly to the delivery person via auto/credit card. While some shipping companies offer cash-only functionality, one of the problems with the cash-on-delivery mechanism is that online store customers ignore payment or are reluctant to receive their orders after they have been shipped, which poses a challenge to online store owners. The problem of profit, they have to return the product.
Card Payment or Prepaid This payment method allows the consumer to use Visa, MasterCard, MADA and Apple Pay cards to pay for their purchases in online stores. This is done by linking the online store to online payment gateways such as PayTap, Tap and PayFort. All of these portals are linked to Saudi online stores, allowing store owners to offer card payments to customers of their online stores. Some online store platforms, such as Zed and Basket, also provide merchants with this feature without connecting to the online portal.
bank transfer
Some online stores offer the ability to open a bank account on the site and receive money from customers, who then transfer the amount to the online store and attach the transfer slip as an attachment. This method may delay the delivery of your order to your customer as the online store must verify that the bank transfer has been received before shipping the item to your customer.
Monthly fees
Some companies such as Tabby and Tamara offer the ability to pay electronics stores and consumers in monthly installments, working through installments for a period of 3 to 6 months. The installments are usually of cash value and do not bring interest to the buyer. The installment company pays the full amount to the online store, less 2% to 5% of the entire basket as the commission of the installment company.