Online Payments

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Credit and Debit Cards

A debit card can be used as a debit and credit card but a credit card can only be used as a credit card. purchases made on a debit card cannot exceed what is in that persons bank. a debit card takes money straight from your bank account and credit cards allow you to draw out more money than you have then payback over a given amount of time. You also have a set amount of money.

Using an Online Banking Account

transfers your money from your bank to the shop/seller

Third Party Payment Systems

PAYPAL

Using Gift Vouchers and Cards

giving someone some money (on a card or voucher) but they are only allowed to spend it in a certain place e.g. iTunes voucher, can only be spent in iTunes. Its a cash alternative.

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