Types of payment

Payment Options

• Cash.
• Checks.
• Debit cards.
• Credit cards.
• Mobile payments.
• Electronic bank transfers.

1. What are the 3 methods of payment?
2. How many payment methods are there?

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.

How many payment methods are there?

And under each method (say, credit cards), you have a host of options (Visa, Mastercard, and American Express, to name a few). In fact, there are more than 200 alternative payment methods worldwide.