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Different types of payments

Answer Posted / bindiya kushwaha

Different types of payment method
• credit and debit card payments
• direct debit payments
•EFTPOS payments
• online payments (eg Paypal)
• cash
• cheque
• money order payments
• gift cards and vouchers
•bitcoin and digital currencies.

Note : Each payment method has different advantages and disadvantages. No one type of payment is best. The best payment method depends on the needs of your business.

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