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Academy Open Stores Payment Processer

Payment Methods for eCommerce

There are different types of payment methods for eCommerce.

for shoppers, they will choose the best and easiest way to pay.

according to globalpaymentsreport show payment method share of eComeWallets has established a dominant position globally

Firstly, from the chart.E-wallet is growing rapidly from 40% in 2019 while credit card payments tend to decrease from 20%

Secondly, for bank transfer and debit card will remain stable

What is an e-wallet? 

An e-wallet is a digital system that stores a person’s payment information. ‘Digital’ means it exists purely electronically. It is a secure, online wallet. We also call it a digital wallet.

The e-wallet stores users’ cards digitally so that they can buy things electronically, i.e., online. If you have this kind of wallet, you can pay for things online using your laptop, tablet, or smartphone.

You can also use your digital wallet to pay for things in some cafes and shops that you physically visit.

Some e-wallets store your loyalty cards, insurance cards, and driver’s license. They can also store your health card plus other IDs that you’d normally keep in a traditional wallet.

An e-wallet may also refer to where people store their cryptocurrencies, i.e., it may mean a cryptocurrency wallet.

A cryptocurrency is a type of digital money, i.e., money that exists purely online. Bitcoin, for example, is a cryptocurrency. – marketbusinessnews

The benefit of digital wallets is more convenient for customers. they don’t have to fill out card number details.

Moreover, they can log in to their digital wallet account and transfer money

However, for those who don’t familiar with digital wallets. they have other payment methods. for example, credit card debit card or bank transfer.

for some reason that not popular compare with digital wallets is about personal data security and more task to do 

Sometimes, shoppers worry about credit card fraud or not receiving products. they will take COD or Cash On Delivery option

For instance, they are paying after receiving the product. It is very safe and there is no question of any fraud or loss of your money

Learn more >> How to start dropship business

Facebook Group Discussion

10 hours ago

Hi there !
I would like to praise my new agent June Chen ! I work with CJ almost 3 years and CJ changed me more then 30 agents during this time but my new agent is the best agent which I ever had !

She is soo kind, polite and she is soo sacrificed !
Still if she dont work and if she have free days, she non stop helping me and she go to office becuase she want to help me !
To be honest, I never seen anyting like that and I am proud to see this!
Today was storm in China and she go to office and she was wet and she worked all day still if she dont have obligations to do that !

Looks like Andy Zhou has the best worker !

Lady like June is proof great people still exist and her wish for helping is indescribable !

She giving 120% of her effort ! To be honest, I am happy now becuase I see agent like June becuase she remind me on my first agent which was moved to another department!

I pray and I ask CJ to hold me this amazing agent for lifetime !
And big thank you for Eva Diao which probably forwarded me to amazing June !

Thank you June ! You are the best agent ever 😍!
Cheers 😍🥂🎩
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4 days ago

Hey, I want to the account instagram 🇺🇸 Dm if you interested 🙏 ... See MoreSee Less

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1 day ago

anyone who can help me with my shopify store? ... See MoreSee Less

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10 hours ago

Hello Ebay Sellers,

Please guide me.

I have a question, if i dropship from Cjdropshipping and sell on my ebay. While updating tracking details, there is no option to select cjpacket services. How people are doing who are selling to ebay ? How they are updating tracking details ?

Could you please help me ?
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1 day ago

1.000.000 this year. cj be ready. 😎🤣 ... See MoreSee Less

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