{"id":2147,"date":"2022-06-16T21:20:01","date_gmt":"2022-06-16T19:20:01","guid":{"rendered":"http:\/\/www.compay.de\/what-does-payment-method-mean\/"},"modified":"2023-04-03T10:49:26","modified_gmt":"2023-04-03T08:49:26","slug":"what-does-payment-method-mean","status":"publish","type":"post","link":"https:\/\/www.compay.de\/en\/what-does-payment-method-mean\/","title":{"rendered":"What does payment method mean?"},"content":{"rendered":"\n
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What does payment method mean?<\/h1>\n\n\n
\"Compay\"<\/div>
Compay<\/strong>
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A payment method<\/strong> means the possibility and way of transferring a financial means (money) to someone, especially in connection with a purchase or business transaction, in which the amount of money is passed on from the buyer to the seller or service provider.<\/strong><\/p>\n\n\n\n

A distinction can be made between cash<\/em>, semi-cash,<\/em> and non-cash payments<\/em>. Cash payments are common when the buyer and seller make direct purchase contact. When cashing a cashier’s check or the buyer deposits the purchase amount in cash into the recipient’s account, this is a semi-cash payment in each case. If the payment is processed through both the buyer’s and seller’s accounts, this is, therefore, a cashless payment.<\/p>\n\n\n\n

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Different payment methods<\/h3>\n\n\n\n

What are the different payment methods? What are the most common payment options?<\/h4>\n\n\n\n

While cash payment is still common, especially in stationary retail, numerous cashless Zahlungsvarianten<\/strong><\/a> have become established.<\/p>\n\n\n\n

Common payment methods are:<\/strong><\/p>\n\n\n\n