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Article Index
Electronic Payments
The Benefits of Electronic Payments
Deciding to Use an Electronic Payment System
Electronic Payment Methods
Traditional Card Payments
Mail Order
Online payments
Payment Bureaux
Secure Order Forms
BACS
Alternative payment options
How to choose the right method
Secure electronic payment systems
Preparing for an electronic payment system
Implementation Checklist
Research & Analyse
Consult
Plan & Test
Act
Further help & advice

Electronic Payments

How to choose the right method

If you need more details about any of these methods, refer to the e-payment methods section of the electronic payments website available from www.electronic-payments.co.uk

  • Evaluate which system is right for your business. Do you want to offer payment by credit card? Set up a manual system? Invest in software? A lot will depend on the type of business you run, the volume of customers and type and value of goods you sell.

  • To compare the varying costs of electronic payment solutions available from the different service providers, use the selfservice tool at www.electronic-payments.co.uk

  • Consider how your system will integrate with the rest of your business, such as accounting, stocks and order processing. Take a look at Integrating back office systems for more information.

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