Amazon Pay offers a familiar and convenient buying experience that can help your customers spend more time shopping and less time checking out. Amazon Pay is used by large and small companies.
From years of shopping safely with Amazon, customers trust their personal information will remain secure and know many transactions are covered by the Amazon A-to-z Guarantee.
Businesses have the reassurance of our advanced fraud protection and payment protection policy.
Android Pay is Google’s current mobile paying system which is rooted in the 2011 Google Wallet service but with added features taken from Softcard, a company bought by the giant in 2015.
Android Pay works like this: when you log in to the app on whatever Android device you happen to have, you also have the option of adding payment cards just by using your camera for capturing the necessary card details.
After it’s stored you are free to use it in any NFC terminals that have the Android Logo.
Apple Pay was the company that initiated this type of payment system and it introduced it back in 2014. Since then, it has been the preferred app for mobile payment among users. It uses the same paying method as Android but it can also exchange information with contactless P.O.S systems.
Android Pay and Apple Pay are very similar but the latter has broader support from banks, retailers and credit card partners plus more availability in China and the UK.
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Google Wallet is a fast, free way to send and request money. You can send money to someone using just their email address or phone number – they don’t need to have the Wallet app. When you receive money, you can have it transferred directly to your default payment method so you never have to cash out. All you need is a Google Account and debit card to get started.
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Skrill is an e-commerce business that allows payments and money transfers to be made through the Internet, with a focus on low-cost international money transfers.
Coming Soon Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
Samsung Pay works in the same way that the aforementioned two work, but it also has a clear advantage over its competitors: a Magnetic Secure Transition where a magnetic coil inside the phone generates a magnetic field that allows it to interact with traditional credit card terminals – it basically functions like the magnetic card strip. Therefore, you can use it both in NFC based terminals and in traditional terminals.
Plus, any information exchanged during payment is tokenized which is a system that substitutes a card’s number with an encrypted unique alphanumerical identifier.
However, although it is supported by credit card partners, banks and retailers, it cannot be used for purchases in apps and these supported devices are limited to the latest Galaxy phone models.
Dwolla is a direct competitor to PayPal. One of the newcomers in the third-party payments space, the company is processing over $1 million per day. Setting up Dwolla payments is similar to PayPal, although Dwolla doesn’t have the same name recognition as their competition. https://www.dwolla.com/
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