How to Accept Payments Through Social Media?

 

From credit cards and bank transfers to mobile wallets, QR code systems, and pay-by-link solutions, many fast and secure collection options exist for individuals and businesses. So, what should be considered when making payments online? How does pay-by-link work, and how secure is it? In this article, we will explain online payment systems in detail.

How to Make Payments Online?

 

Making payments online is a widely used and practical method today. There are basic steps and standard procedures for making online payments. Once you choose the most suitable method for yourself, we recommend:

 

• Using trusted and official websites or applications,
• Entering invoice and payment details correctly,
• Keeping a receipt or proof of payment after completing the transaction.

 

Payments via Online Banking or Mobile Banking App

 

Most banking applications and online banking portals include menu options like "Payments" or "Bills." After logging into your account, go to the payments section. Select the type of bill you want to pay (electricity, water, natural gas, etc.), enter the required subscriber or contract number, and access your bill. After verifying the details, complete your payment securely. This method is most frequently preferred and allows for easy payment of multiple bills.

 

Payments via Official Institution Websites

If you are paying a service provider (e.g., internet service provider), visit their official website. There should be a section like "Online Transactions" or "Bill Payment." After logging in to your account or entering your subscriber number, you can view your bill and pay it quickly using your credit or debit card. This method is commonly used for phone and internet bills.

 

Online Payment Platforms and Applications

 

You can also make payments by registering with a secure online payment platform or application. Add your bills to the system and pay them quickly using credit cards, debit cards, or other payment methods.

 

Setting Up Automatic Payment Orders

 

You can set up an automatic payment order through your bank's online banking or mobile application. Once you enter your bill details and approve the automatic payment request, your bank will handle the payments, ensuring they are paid on time and eliminating the risk of late fees.

What Are Online Payment Methods?

 

There are different online payment methods, each offering unique advantages and convenience. You can choose the one that best suits your needs. These methods include:

Credit and Debit Cards

 

Credit and debit cards are among the most frequently used payment tools in physical and online shopping. Payments are completed via POS devices in physical stores or by entering card details online. Transactions are secured with 3D Secure authentication.

 

Digital Wallets

 

Digital wallets allow users to store their credit or debit card details in one place for fast and secure payments. For example, Papel Digital Wallet offers numerous benefits! Download the Papel app, sign up, and immediately take advantage of its benefits.

 

Wire Transfers and EFT (Direct Bank Transfers)

 

For those who do not prefer credit card payments, bank transfers (Wire Transfer/EFT) offer an alternative. Payments are made using the recipient's IBAN details, and refunds are typically processed more quickly and easily.

 

Virtual POS

 

A Virtual POS system enables businesses to accept online payments. Customers enter their credit or debit card details to complete a purchase. To start accepting secure payments, apply for Papel Checokut POS now.

Pay with Link

 

Merchants send a payment link via SMS, email, or social media. The customer clicks the link, is directed to a secure payment page, and completes the transaction. This method is ideal for businesses that do not have a website.

 

QR Code Payments

 

Merchants generate a QR code, which customers scan using their banking app or digital wallet to complete the payment. This method is beneficial for contactless payments in physical stores.

 

Prepaid Cards

 

Prepaid cards allow users to load money onto the card and use it for online shopping. These cards are a secure alternative for those who do not wish to use credit cards.

 

Mobile Payments

 

Mobile payment systems allow payments to be made via a mobile phone number. This is a convenient option for small transactions.

 

How to Accept Payments on Instagram?

 

Various methods can be used to sell and receive payments through Instagram.

It is essential to:

• Use secure payment service providers,
• Provide customers with clear payment instructions,
• Ensure compliance with legal regulations.

 

Some of the most commonly used payment methods on Instagram include:

 

• Virtual POS
• Pay-by-Link
•  
• Direct bank transfers (Wire Transfer/EFT)
•  

Other available methods include:

Instagram Store and Product Tagging

Instagram allows businesses to set up an online store and tag products in posts. This lets customers easily view and purchase products. However, this feature is currently unavailable in Turkey.

 

Third-Party E-Commerce Platforms

 

Some platforms enable you to sell on Instagram and accept credit card payments. These platforms generate payment pages for your products, which you can link to your Instagram profile or posts.

 

How to Make Payments via Mobile Phones?

 

Smartphones allow you to quickly and easily complete transactions.

Here are some standard mobile payment methods:

NFC Contactless Payments

 

With Near Field Communication (NFC) technology, you can tap your phone on a POS device to make a payment.

There is no need to carry physical cards.

Faster and more convenient transactions.

To enable NFC, go to your phone's settings menu. On Android, it is found under "Connection Preferences" or "Other Connections".

For iPhone XS and later models, NFC is usually enabled by default.

QR Code Payments

 

Customers can scan a QR code with their phone's camera to complete a payment.

This method became widely used in restaurants and retail stores after the pandemic.

 

Mobile Banking & Digital Wallets

 

Banking apps and digital wallets can be used for bill payments, transfers, and purchases.

Mobile Payment Services

 

Some mobile carriers charge purchases directly to your phone bill or deduct them from your prepaid balance.

How Does Pay-by-Link Work?

 

Pay-by-link allows businesses to accept payments without needing a website or POS device.

The merchant creates a payment link through their payment provider. The link is sent via SMS, email, or social media. The customer clicks the link, enters their payment details, and completes the payment. This method is ideal for small businesses and social media sellers.

Is Pay-by-Link Secure?

 Yes, pay-by-link is secure when used through trusted providers.

Payments are processed through encrypted pages with SSL certification. 3D Secure authentication adds an extra layer of protection. PCI DSS compliance ensures financial data security. Always verify that the payment link is from a trusted and official source. Read our "What Is Secure Payment?" guide for more details.

Papel: Your Go-To Payment Solution!

 

With various payment options and benefits, Papel makes transactions more straightforward.  Download the Papel app now and use secure, fast, and effortless payment methods!

 

 

Sources: 1.