A few years back, nobody would have imagined that the world would be making payments using their cell phones. It seemed so unusual at first, but now finding cash in anybody’s wallet has become quite difficult. With this advancement in payment methods, the world is slowly and steadily adapting to the new norms.
This new payment method has also become a birthing ground for many new industries, mainly online gaming. If a few years back somebody had told you that you can play and earn through gaming, would you have trusted them? Of course, not. But now, you can do that. There are various online games that you can play online, like a casino, online slots, etc.
But most people are skeptical about the payment methods that one has to use. When it comes to online Casinos they need to stay up to date and provide the best payment options for their customers. For this, you can check out payonlinecasinos.com to know more about reliable methods for making payments online on betting and online gaming sites.
It is the leading website for reviewing payment methods available in most online casinos globally. Apart from the sites mentioned in the above-provided link, here are some of the leading online payment methods that are available in the UK and India:
Online Payment Methods available today in the UK
It is considered one of the most renowned payment processing companies in the whole UK. This company handles around 40% of all the card transactions in the UK and accepts payment in over 116 currencies. You can make a purchase using their link without going to their website. WorldPay also allows you to accept all the major debit cards.
Another popular payment method that allows the people of the UK to make online payments is PayPal. Around 20 million UK shoppers use PayPal to make payments in the UK. You can also use PayPal to deposit or pay in online casinos. PayPal has a built in fraud protection system that makes sure that its customers remain safe while making transactions. PayPal also accepts international payments, which eases the work of several people, especially freelancers.
One of the most growing payment options in the UK is Amazon Pay. It offers the customers to pay with the help of their existing Amazon account. You can either use it as a sole payment solution, or you can add it to an additional existing online payment system. It is one of the most trusted platforms and has easy check-in and check-out options. Furthermore, as it is partnered with BigCommerce, Shopify, and Xcart, you can make payments using Amazon Pay directly.
Online Payment Methods in India:
PhonePe is amongst the leading online payment methods in India. With the help of this all-in-one digital wallet, one can link their debit card, credit card, or bank account to it and pay whenever they want. Moreover, it is a UPI-based platform, meaning that every transaction is safe from cybercriminals.
Tez is a UPI-based application that allows users in India to make payments directly from their bank. It works with almost all Indian banks supported by UPI (Unified Payments Interface). With Tez, Indian users can easily link their bank accounts without additional charges.
England VS India:
One can find a significant number of apps to make online payments in India as well as in the UK. But apart from this, the customers in India and the UK use a few other ways to pay. In the UK, the latest trend that has captured the audience is Buy Now, Pay Later. According to this method, people can pay the entire bill afterward. That is too interest-free.
In India, you would find people mostly relying on digital wallets and net banking for making payments. This is because e-wallets and net banking are directly connected to banks, making them more reliable than other ways.
Overall, we can see that India has by far better online payment methods than England. The reason behind it is that they are more secure as they are directly linked with the bank accounts. Secondly, you do not need much technical knowledge to use these methods. So, to sum it up, India has better online payment methods than the UK.