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.