Advantages and disadvantages of online payment system
Although PayPal provides 23 currency types for payment, it excludes some important currencies, The Indian Rupee is an example, India is a growing economy and a fertile market, But the customers there find it difficult to pay. One of the disadvantages is the fees charged for non-PayPal payments, Although PayPal claims they help small sellers Advantages and disadvantages of online payments. Low labour costs. Since online payments are usually automatic, they have lower labour costs than manual payment methods, such as cheque, money Convenience for online sales. Automatic. Fast transaction speed. Low risk of theft.