Resolving additional payment options?

1. What are the 3 methods of payment?
2. Why is it important to have multiple payment options?

What are the 3 methods of payment?

Traditionally, cash, debit cards, credit cards, and checks were the main types of payments. Now, more advanced forms of digital payments are becoming more popular. This includes online payment services, digital currencies, and electronic transfers.

Why is it important to have multiple payment options?

Offering a range of payment methods can reduce friction at the checkout process and encourages the customer to complete their transaction. Reducing cart abandonment can increase your conversion rate and revenue.