Credit card readers have made it possible for the customers to make payments and the sellers to receive payments by simply swiping the card through the reader or scanning the card on the reader. There are no complexities involved whatsoever neither are there any security threats as banks have evolved secure ends to eliminate any chances of fraudulent conduct.
Another new phenomenon of e-commerce is the online payment using your credit cards. This is done via several payment gateway companies of which Shopify is a very popular one. Shopify allows the businesses to accept payments from its customers online via their websites. This is usually practiced on online stores and Shopify provide its services to many well known online stores all around the world, prominently in India, United States, United Kingdom and Australia. Shopify is not only beneficial for the businesses that are accepting customers’ money online, but it is also very useful for the customers who are the ones paying online. Without it, people would be visiting banks’ branches or local cash transfer agencies to pay the seller but now, all they have to do is input the credit card number and a few details on their phones or computers and make the payment, in a matter of seconds. Even the laptops these days have a credit card scanner on them placed along with the keyboard so that the customers can make payments easily and quickly through their laptops.