What are the advantages of online payment compared with traditional payment?

Advantages: First, the online payment can better fit the needs of the development of e-commerce. The operating environment of online payment is based on the open Internet.　　Second, convenient - online payment 24 hours a day connected, consumers can be anywhere at any time through the Internet to implement the payment. The traditional payment methods are limited by time and space, it is difficult to meet the needs of many users in time, space and other habits.　　Third, fast - online payment can be realized order information real-time query, including whether the order is successfully paid and other information. The traditional payment method requires consumers to notify the merchant, the merchant can only go to the appropriate unit to inquire, the process is cumbersome and time-consuming.　　Fourth, the economy - online payment has a low-cost advantage.　　Fifth, online payment can also play a role in stimulating consumption. Shortcomings: From the actual market reaction, people still have more concerns about online payment. First, it is difficult to change people's habits and concepts, and second, factors such as security, technology and service should not be ignored

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