Local Payment Methods

Electronic methods of payment for goods and certain services can be entitled as all obligations of an electronic type stored on electronic media, with which you can make payment transactions, as well as methods of making such payments.

In general, the local methods of payment may be regarded as payment approaches which replace card payments. Also, they have their own terms of payment and respect specific regulations.

In fact, they are beneficial for making online purchases and paying for many services.

So, there are different forms of local payment methods that allow the clients to pay for products and services on the Internet.

  •        E-wallet

Before making purchases on the Internet, the user will need to register on the website and open a wallet for online shopping. To make purchases online, a virtual account must be replenished with cash from a payment card. A couple of clicks – and you can buy.

  •        Bank card

For making a purchase, the user only needs to enter the number, expiration date and CVV code of the Visa and MasterCard cards. The card can be issued by an issuing bank and in any currency.

  •        Vouchers or prepaid or pre-authorised debits

As for the voucher, it is less common than cash and credit card payments and is a form of cashless settlement. This is an electronic bank check, created as a means of input and output of title characters of the payment system. E-Voucher contains a unique digital number (16 digits), an activation code (10 digits), the amount, and the date of the transaction.

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