Credit and debit cards are a dominant payment method globally, accounting for 41% of online payments. Credit cards are issued by banks and allow customers to borrow money with a promise to pay it back within a grace period to avoid extra fees. Consumers can accrue a continuing balance of debt, subject to being charged interest on the amount.

Debit cards offer the convenience of card payments but are linked to a bank account, where funds are drawn directly from the linked account at the time of payment.

Visa and Mastercard, the largest card networks in the world, function exclusively as payment processing systems that do not issue cards to consumers directly. Instead, they allow banks and financial institutions to brand and distribute their cards. American Express is also a payment processing system that – unlike Visa and Mastercard – issues its own cards directly to consumers.

For our payment system, currently you can use a debit/credit card based on the Stripe or Paypal payment system.