Which Payment System to Use for Your Business

[IB D]

The payment method that is preferred by me is cryptocurrency. More specifically, Binance pay. The only challenge is that traditional and conservative people prefer to pay you through PayPal. I just have a PayPal as backup.

 

[arunima]

Well, for my therapy sessions that I take, I prefer to be paid through Gpay and Paytm. They are popular here in my country and both parties are comfortable. Some prefer to pay cash and I am okay as long as it's perfect change with them. I don't keep much cash with me to give them back the change.
For my online earnings, PayPal is my preference. Some survey sites do pay in Paytm wallet for Indian users and I love that.

 

[Niyi Briggs]

PayPal is the best. Even though it is not allowed in Nigeria, business accounts are allows to receive payments directly through Paypal. It is the best payment option for it's security features.

 

[cherry123]

I will prefer cash payment but any payments system that I will not find it difficult to withdraw my money will also be welcomed by me. It is all to get payment

 

[Reedex]

There is no doubt that I'm going to pick cryptocurrency as the payment system to utilise for my business.

 

[cherry123]

I think a lot of people prefer crypto currency now since it can be accepted by everyone it id good to go for a payment processor everyone use to make payments

 

[astutimeliana723]

For marketplaces that are only for local businesses, I use a bank account to receive payments. To receive payments from international businesses such as from paid forums I use a Paypal account.

 

[Heatman]

I have always love to use cryptocurrency mode of payment because it is accepted globally.

I also enjoy making use of cryptocurrency as a means of payment but I'm always very careful about not leaving my coins without converting it to USDT once they are received.

 

[Fidelia]

A business should have the three most popular payment systems that fits well with its client base and market.

 

[arunima]

Off late, a couple of survey sites like YouGov have stopped paying cash. They have started with gift cards worth the same amount. My last payment from there was a gift card of Flipkart. And it was equally good as cash in bank. Flipkart or Amazon have enough options to shop

 

[Passiveearner]

I would always like to use online E-Wallets and online payment processors for my business if they were accepted all around the world. I prefer using Perfect Money, but it is not used in many parts of the world, unfortunately.

A business should have the three most popular payment systems that fits well with its client base and market.

 

[King Belieal]

For my business, I accept bank transfer and cash payment. That's what majority of my customers use to make payment.

 

[Etini Willie]

For offline businesses, they should have option to accept bank transfer. For online businesses, crypto and PayPal is suitable.