About this product

A payment method refers to the various ways consumers can pay for goods and services. Common methods include cash, credit and debit cards, mobile payment apps, bank transfers, and digital wallets. Each method has its advantages and disadvantages in terms of convenience, security, and fees. For instance, credit cards offer rewards and fraud protection, while cash transactions provide anonymity. Choosing the right payment method often depends on the context, such as online shopping, in-person purchases, or international transactions.