Online Payment Services Guide

What is a first payment service online?

Click here to buy online and ask how you wish to pay by credit card or debit card or online payment (OPS). A PAHO as PayPal, for example, works as a steward who manages the money in the transaction when you do not fully trust the seller or his ability to protect their financial data. Pay with an OPS is also ideal if you do not want your sensitive information sitting on the servers of retailers across the web.

To use a pager, you must:

* Set up a free account. OPS can do it with a charge or debit card, or a combination of the customer's bank account. Some of the companies in OPS, you can also pay by offering a line of credit. But they can lead to tonne of credit debt, high interest rates attached to you, and spoil the important credit score, lenders use to calculate rankings interests.

* Click on the liver. When you are ready to shop online, you can click on the OPS listed in the e-retailer. OPS then confirms the payment and the transaction takes place will never share your financial information. Payment deducted from your account to OPS.

The SPO's largest and most famous is PayPal (owned by eBay), but the field has grown steadily and now includes the Checkout by Amazon, Google Checkout, BillMeLater, eBillMe and PaybyWeb among others.

Most companies do not charge consumers the OPS to open an account. They make money by charging a fee to retailers or by collecting the assets of the client in an account and earn interest until they have completed the payment.

2. If you use an online payment service?

If you shop online frequently, OPS is a good way to pay, especially if you are buying from unknown sellers or worrying about the risk of identity fraud.

OPS is not only shield your financial information, it saves time. You can avoid the hassle of writing all the financial stuff sites is usually at the request of the cashier.

Finally, the OPS is useful if you need to send money to a friend stopped anywhere in the world, with or without your wallet or your friend that you return the favor.

Two caveats:

* Do not confuse an OPS with a credit card. An OPS is not the hook, if there is a problem with the seller or online property. You do not get the same protection against retailers and bad data stolen credit cards that offer law. This is because, technically, card transactions are not the OPS has selected retailers.

* Be wary of credit lines. Opening a credit line of the OPS can take your credit score. This is because it is treated as a new loan open from credit reporting agencies and institutions that ranks your credit, which in turn determines your interest rate. Learn more about credit scores in our guide to credit monitoring. In addition, an OPS charge you an interest rate higher than the average payment borrowed. You may be better to buy a credit card or personal loan.

Choosing the best third service

Most accounts of the OPS are free to consumers. Given their market share and expanding the constant introduction of new, these are the steps to make sure you get the best deal:

* If you already use an OPS, compare its footing with other OPS offers on the market. Especially political confirm when goods are not delivered or arrives damaged. Also confirm reimbursement policies.

* Check with your bank. Your Mastercard or Visa may offer a similar service that lets you keep all the legal protection afforded to credit cards. Programs include Verified by Visa and MasterCard SecureCode.

* See where it is accepted. Not all PAHO offered by each supplier. Some only accept PayPal, for example. Ask your favorite places to see what service they accept before signing FPO.

* Check the security of the site. Find a black padlock icon in the status bar at the bottom of the page. If the lock is closed, the site uses encryption. Double-click the certificate appears to block the site. In addition, some sites are now offering PayPal as a security key that has a constantly changing code when you type in your account.

* Make sure that the stones OPS. Before you sign, if OPS is offered in places where you do most of your purchases. For example, eBay owns PayPal and accepts only that the OPS at the time.

* Check how the money changes hands. If you are sending or receiving cash, confirm the cost, the process and timetable.

* To avoid mosquito bites. Crooks too much time on their hands to create sites that look OPS sites. Then e-mail to unsuspecting victims by telling them, there is a problem, and includes a link to their account. The problem is linked to a fake site, which aims to make you reveal your username and password. Self-defense: Do not click on the links to e-mail purporting to be OPS. Also, avoid responding to e-mail or provide information.

4. Grilling Guide: Questions to ask before choosing a service

That asking to confirm or be sure to choose the best online payment service:

OPS is on my favorite sites?

See what services offered on your OPS shopping sites.

It is the payment?

Most major suppliers will not be charged with consumers OPS to create a payment account.

What is covered?

If the merchandise arrives ... or if you want to give up the purchase because of delays ... or goods arrive damaged, the OPS do for you? Carefully check the FAQ on the site of the OPS.

How much money to be sent?

If you need to send money, which is the cost, speed will collect and how the recipient receives cash, if the individual card is lost or stolen?

What's the point?

If you make purchases with a credit line of PAHO, confirm that your interest rate will be, and if more or less than the rate on your credit card.

The site is secure?

To confirm the site's security certificate by clicking the padlock in the closed black status bar at the bottom of the screen. The lock is closed when you are in the place where your information.