What is an e-commerce payment?

E-commerce payment is a payment method used by a company or self-employed individual to pay their debts contracted with another “person/s” in a virtual environment, such as the Internet.

E-commerce payment system includes several types of payment methods: 

• Cash on delivery
• Cryptocurrencies (Bitcoin, Ethereum, Riple etc.)
• Wire transfer
• Online Virtual POS payment
• Checks

Before contracting E-commerce payment system make sure it fulfills the following requirements: 

• Ability to process payments quickly, within seconds. 
• Low fees. 
• Anti-fraud protocols. 
• Safe.