E-Commerce: Your Guide to Digital Payments Set Up on Your Website

Digital payments have revolutionized the way we transact online, offering convenience and efficiency to both businesses and customers. Read on to learn more about online payment systems and how to get started on setting yours up.

What Are Digital Payments?

Smartphone device with receipt. Digital pay service or bank concept.

Digital payments refer to any transaction that is conducted electronically, without the need for physical currency or traditional payment methods such as checks or cash. With digital payments, customers can make purchases online using their credit or debit cards, mobile wallets, or other digital payment platforms.

What Are The Benefits of Digital Payments?


Digital payments offer unparalleled convenience to customers. They can make purchases from the comfort of their own homes, without the need to visit a physical store or carry cash. This convenience translates into increased sales and customer satisfaction for businesses.


Unlike traditional payment methods that require manual processing, digital payments are processed instantly. This reduces the time and effort required for both businesses and customers, allowing for faster order processing and delivery.

Global Reach

With digital payments, businesses can cater to customers from around the world. By accepting various currencies and payment methods, e-commerce websites can expand their customer base and tap into new markets.

Enhanced Security

Digital payments employ advanced security measures to protect sensitive customer information. Encryption, tokenization, and fraud detection technologies ensure that e-commerce transactions are secure, giving customers peace of mind when making online purchases.

Payment Methods

illustration of payment methods

There are several popular payment methods that you can offer on your e-commerce website. All of these digital pay solutions make the checkout process faster and more efficient for the customer.

Credit and Debit Cards

Accepting major credit and debit cards, such as Visa, Mastercard, and American Express, is essential for any e-commerce business. This counts as a digital payment type! Integrating a secure payment gateway allows customers to enter their card details and complete transactions seamlessly and without security concerns. 

Mobile Wallets

Mobile wallet solutions, such as Apple Pay, Google Pay, and Samsung Pay, have gained popularity in recent years. These platforms allow customers to store their payment information securely on their smartphones and make quick payments with just a few taps.

Digital Wallets

Digital wallets, like PayPal and Amazon Pay, offer customers the ability to link their bank accounts or credit cards to a single online account. This eliminates the need to enter payment details for each transaction, simplifying the checkout process.

What Are Digital Card Solutions?

Digital card solutions have emerged as a popular alternative to traditional credit and debit cards. These virtual cards can be used for online purchases, offering additional security and privacy. Some notable digital card solutions include:

  • Virtual Credit Cards: Virtual credit cards provide customers with a unique card number for a single transaction or a limited time period. These cards are not physically issued but are generated digitally, adding an extra layer of security by minimizing the risk of fraud and unauthorized transactions.

  • Prepaid Cards: Prepaid cards are loaded with a specific amount of money and can be used for online purchases. These cards are not linked to a bank account, reducing the risk of exposing sensitive financial information.

  • Cryptocurrency: Cryptocurrencies, such as Bitcoin and Ethereum, have gained traction as a digital payment option. By accepting cryptocurrencies, businesses can tap into a growing customer base and benefit from the decentralized and secure nature of blockchain technology.

How To Get Started

3d pay with mobile phone, banking online payments icon concept

If you’ve been wondering how to accept card payments online, look no further. We’re here to help! Setting up online payments on your website may seem daunting at first, but it doesn't have to be. 

To get started with digital payments on your website, you'll need a merchant account and a payment gateway. A merchant account acts as a holding spot for incoming payments, verifying and transferring the funds to your business bank account. When choosing a merchant account, consider factors like cost, compatibility with your systems, and the ability to accept international payments.

The payment gateway is responsible for securely transferring the funds from the merchant account to your business bank account once the funds have been cleared. It's incredibly important to prioritize security when selecting a payment gateway to protect your customers' sensitive information and maintain your shop's reputation.

Follow these steps to get started setting up the online payment system for your e-commerce site. 

  1. Research and select a reliable payment gateway that aligns with your business requirements. Popular options include Stripe, PayPal, and Authorize.Net. Consider factors such as transaction fees, security features, and compatibility with your website platform.

  2. Integrate the chosen payment gateway with your e-commerce website. This typically involves installing plugins or APIs provided by the payment gateway provider. Follow the instructions and documentation provided to ensure a seamless integration process.

  3. Before launching your website, thoroughly test the payment system to ensure it is functioning correctly. Make sample purchases using different payment methods to verify that transactions are being processed accurately and securely.

  4. Implement additional security measures, such as SSL certificates and two-factor authentication, to safeguard customer data and protect against fraudulent activities.

  5. Stay informed about the latest advancements and trends in digital payments. Regularly review your payment system's performance and explore new features that can improve the customer experience and streamline your business operations.

FYIN’s e-commerce experts are here to help your business, whether big or small, create a website that accepts online payments through an online payment system. Don’t hesitate to reach out to learn more about how we can help build a seamless user experience for shoppers on your website. 

Set Up Your Digital Payment Today With FYIN!