What is an Online Payment System?

An online payment system is a company and service to assist in making a financial transaction to another person or company using a computer, smartphone, or tablet.

Most online payment systems work by getting your personal banking information and assisting in the transaction of money from your bank or credit card to another person. Typically, most small online transactions occur in a few seconds. However, some of the more complicated transactions or large transactions can take a day or more to verify and complete.

Online payment companies and services

Below is a listing of companies and services that offer an online payment system solution.

Apple Pay

Dwolla

Google Pay

PayPal

Samsung Pay

Square

Square Cash

Stripe

Venmo

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