What are the advantages and disadvantages of online payment compared with traditional payment methods?

1. The advantage of online payment is that the funds can be directly transferred from the user's bank card to the website account, and the remittance will arrive immediately without manual confirmation.

2. Online payment has the advantages of convenience, quickness, high efficiency and economy. As long as users have a PC with Internet access, they can complete the whole payment process in a short time without leaving home.

3. The cost of online payment is only a few tenths or even a few percent of that of traditional payment. Online payment can completely break through the limitation of time and space. The working mode is 24 hours a day, 7 days a week, and its efficiency is beyond the reach of traditional payment.

Disadvantages:

1, most banks cannot provide nationwide online payment services; In the process of the transformation from traditional payment system to online payment system, banks lack cooperation and do things in their own way, and no large-scale payment gateway has been formed.

2. The coverage of online payment and settlement system is small; The online payment service standard is poor, and the data transmission and processing standards are not uniform.

3. Criminals are eyeing the Internet, and they cheat users of bank accounts, passwords and other information by setting up fake websites, sending fake emails and even using computer viruses.

Extended data

Matters needing attention in online payment:

1. When shopping online, please pay online at a regular and well-known online merchant. When making online payment transactions, please confirm whether the bank address in the browser address bar is correct on the page where you enter the card number and password.

2. For unfamiliar websites, don't easily register and fill in personal information; Don't use numbers such as birthday and ID number as account passwords.

Baidu encyclopedia-online payment