Is SaaS a Waste of Money?

While IT executives who have embraced cloud-based business applications are usually pleased with their decision, interviews with IT workers who have done so reveal that there can be significant expenditures associated with SaaS. Recurring costs include per-user fees, platform charges, and partner per-user fees for added services. In addition, implementation consulting costs can be comparable to those for on-premises systems.

According to cloud providers, the actual benefits of SaaS are not in direct cost savings, but in the flexibility, agility, and scalability gained by moving systems to the cloud.

For businesses to make informed judgments on cloud service, they must first understand the relative costs of SaaS vs. on-premises systems.

To put it another way, is SaaS wasting your money?

Here Are Four Theories:

  • It is likely that clients underestimate the cost of maintaining and servicing on-premises systems, as well as the cost of future upgrades. These are costs that SaaS either removes or significantly cuts. Customers, on the other hand, do not account for these savings because they are unaware of their costs. Alternatively, they may be deferring improvements to on-premises systems because of the cost, not recognizing the cost their firm is experiencing by failing to stay current.
  • SaaS can save money, but only when you completely eliminate your on-premises systems will you see those savings. If you still have the majority of your systems on-premises, moving just one of your systems to the cloud will not eliminate your data center or data center employees. As a result, the cost savings from the data center’s decommissioning aren’t achieved.
  • SaaS helps suppliers save money, but the savings aren’t passed on to customers. In other words, even while SaaS applications are less expensive to develop, deploy, and maintain, SaaS providers are just matching on-premises suppliers’ costs and generating higher revenues.
  • SaaS services are more expensive than on-premises systems. Although SaaS does not save money, the flexibility, agility, and scalability it provides are so valuable to clients that they are willing to pay a premium for it.

These four hypotheses are not mutually exclusive. SaaS, for example, may save money (Theory 1) while still allowing vendors to profit from some of the savings (Theory 2). (Theory 3). Alternatively, while a hybrid of on-premises and cloud systems does not save money (Theory 2), it provides clients with greater versatility (Theory 4). Furthermore, depending on the SaaS service, the response may differ. For example, while cloud CRM may save money, cloud ERP does not.

The Question Is Still Unaddressed. Is SAAS a Waste of Money From the Customer’s Perspective?

Computer Economics has conducted a survey to answer this topic. We’re searching for companies that have shifted most or all of their application portfolio to the cloud as part of our annual IT spending and staffing study. In other words, we’re searching for companies that don’t have an own data center or just have a small number of on-premises computers. We’re inviting these clients to participate in our usual yearly survey, and we’ll compare their IT expenditure ratios to our standard industry ratios for IT spending and personnel.


Computer Economics wants to be able to address three primary questions as a result of this research. To begin, do businesses that have largely adopted cloud computing spend less on IT than those that have not? Second, how is the IT spending mix different? Finally, how do clients perceive SaaS’s business value?

How to Keep Track of Your Online Expenses With Smart Software Solutions

It can be easy to lose track of your online expenses, but there are smart software solutions available to help you stay organized and on budget. Here are a few tips for utilizing these tools.

1. Subscription tracker

When you’re subscribing to different services, it can be easy to lose track of how much money you’re spending each month. A subscription tracker can help you keep track of your expenses by automatically keeping track of your subscriptions and reminding you when they are coming up for renewal. This can help you avoid overspending on services you don’t need or forgetting about important subscriptions. If you need to track subscriptions for work or personal reasons, a subscription tracker is a must-have tool. This is especially important if you have a hard time remembering to cancel subscriptions when you’re no longer using them. By automatically canceling them, you can avoid overspending and save yourself some money. It’s an easy way to keep your online expenses organized. 

2. Set up regular reports

Once you’ve selected a software solution to help you track your online expenses, set up regular reports to track your spending over time. This will help you identify any areas where you may be overspending and make adjustments accordingly. It’s also a good idea to compare your reports to your budget so you can see how well you’re sticking to your plan. If you find that you’re consistently going over budget in one area, it may be time to adjust your budget or find a less expensive alternative. By tracking your online expenses regularly, you can make sure that you’re always staying on budget. This can help you save money in the long run.

3. Utilize the cloud

Many software solutions for tracking online expenses are cloud-based, which means they can be accessed from any computer or device with an internet connection. This is a convenient feature, as it allows you to keep track of your expenses no matter where you are. It’s also helpful if you need to access your expenses while traveling or away from home. If you’re worried about the security of cloud-based solutions, don’t be. These solutions are typically very secure and use high-level encryption techniques to protect your data. By taking advantage of the cloud, you can easily keep track of your online expenses.

4. Stay organized

One of the best ways to keep track of your online expenses is to stay organized. This means creating a system for tracking your expenses as they occur. You can do this by setting up folders in your software solution for each category of expense (e.g., travel, entertainment, groceries, etc.), or by creating a spreadsheet where you track each purchase. Whichever system you choose, make sure to stick to it so you don’t lose track of any expenses. If you’re diligent about tracking your expenses as they occur, you’ll be less likely to overspend. This will help you stay on budget and avoid any costly surprises down the road.

5. Ask for help

If you’re struggling to keep track of your online expenses, don’t be afraid to ask for help. There are many people who are happy to offer advice and guidance on how to stay organized and on budget. Talk to your friends, family, or financial advisor for tips on how to best manage your online expenses. By seeking out help from those who know best, you can make it easy to stay on top of your spending. If you follow these tips, you’ll be able to keep your online expenses under control and stay on budget. This is an important step in ensuring a healthy financial future for yourself and your loved ones.

6. Use a budgeting app

If you’re looking for a more efficient way to track your online expenses, consider using a budgeting app. These apps are designed to help you manage your finances by tracking your spending and income. They typically have features that allow you to input your expenses and generate reports that show how well you’re sticking to your budget. Many of these apps also offer tips and advice on how to save money and reduce your spending. By using a budgeting app, you can get real-time updates on how your spending is affecting your budget and make adjustments as needed.

By using a smart software solution to track your online expenses, you can stay organized and on budget. These tools make it easy to keep track of your spending in all areas and make adjustments as needed. So don’t hesitate to invest in a good software solution – it could save you money in the long run.

How to Migrate from PrestaShop to WooCommerce. A Safe and Simple Guide for 2021

Do you have an existing Prestashop eCommerce internet site that you want to broaden? WooCommerce may be your selection as it has shown itself every so often as an ample eCommerce system. In this tutorial guide, I am going to explain the basic steps to migrate from Prestashop to WooCommerce.

Prestashop is an open resource CMS that is one of the most effective eCommerce platforms. It allows site owners to offer their products with out-of-the-box attributes as well as expand their organization. Currently, it powers over 270,000 online stores globally. In addition, it has an exceptionally instinctive user interface to manage your online shop quickly. Moreover, the open-source platform is clearly cost-efficient. On top of that, it uses some vibrant as well as vibrant themes to develop an internet site that mirrors the nature of your business. In fact, systems like TemplateToaster offer Prestashop style makers to develop one-of-a-kind looking on the internet stores.

WooCommerce, on the other hand, is among the fantastic WordPress plugins as opposed to a stand-alone ecommerce platform. Yet wait, it is a great advantage. We understand that WordPress includes endless themes and also plugins. For that reason, you get accessibility to all the styles and plugins with WooCommerce. First off, WooCommerce is a totally free plugin which means it is cost-efficient. Secondly, it efficiently streamlines the entire eCommerce site advancement procedure to offer you a functional on the internet store. Finally, the extensions, as well as functions, offer reputable scalability to expand your on-the-internet store. On top of that, it includes some out-of-the-box marketing functions like the capability to add customized item tabs. In a similar way, you can develop a custom-made WooCommerce style to offer a personal touch to your online site.

Why move from Prestashop to WooCommerce?

Prestashop is a fantastic platform unless you need to expand your business and also require a lot of website traffic on your internet site. Both WooCommerce and PrestaShop are complimentary platforms/plugins but Prestashop mainly supply paid modules that can cause a very costly scaling. WooCommerce, on the other hand, provides fantastic scalability as well as store improvement attributes within a set budget. In addition, WooCommerce has actually managed to incorporate all the good things of WordPress CMS while bringing great marketing functions with the WooCommerce plugin. Additionally, you can increase your online organization with a lot more 360 methods utilizing WooCommerce. Right here is a listing of the best PrestaShop hosting suppliers as well as Woocommerce CRMs. You might additionally find out exactly how to quicken a Woocommerce store.

Pre migration process

Prior to you beginning the migration process, you need to make some advanced plans to make certain whatever goes as intended. And if anything goes wrong, you have a way out. As a result, right here are some things you need to take care of-.

Back up your Prestashop Shop.

First off, back up your data. It protects you from shedding information and also essential cases. Indubitably, it is not compulsory data but it is crucial for your own safety and security. Typically, supporting the Prestashop process involves two significant steps, as mentioned listed below.

Supporting Prestashop Database: Locate your database supervisor as well as inspect all the tables as well as select the Export option. It will produce an SQL file that is more exportable. Conserve the ‘. sql’ on your neighborhood device to effectively produce a backup of your data source.

Supporting Prestashop data: After backing up the data source, it’s time to back up all the documents as well as folders of your Prestashop site. Attach to the public_html folder of your data through the FTP client you make use of. I’ll cover the actions using FileZilla for this overview. First of all, duplicate the folder having your site’s data and paste them on your local device. That’s it.

Install a brand-new WooCommerce shop.

Before you begin the migration process, you require to have a useful WooCommerce site first. In other words, you need a WordPress internet site, a domain name, a WordPress organizing provider, to set up your WooCommerce site. We recommend Bluehost for WordPress and also Woocommerce as it is officially backed by WordPress projects. Here is a thorough overview.

Below is an introduction of basic steps involving WordPress installation-.

  • Download and install and unzip the WordPress zip file.
  • Create the database as well as the admin.
  • Submit your website data on your webserver.
  • Run the WordPress setup wizard.

When you have your WordPress internet site up and running, go to your WordPress admin location. Navigate to Plugins > Include new as well as situate WooCommerce. Click Trigger to include the WooCommerce plugin to your WordPress site. That’s it, you have actually efficiently mounted a WooCommerce shop.

How to Move from Prestashop to WooCommerce:

There are two means to move from Prestashop to WooCommerce: Making use of a plugin and hands-on way. The hands-on method is the prolonged way which takes permanently to complete. Additionally, it is appropriate for tech-savvy customers only due to the fact that it is rather complicated. If you have chosen to move from Prestashop to WooCommerce using a plugin, there are various plugins that can help you do that. We suggest the Cart2Cart service since it makes it possible for a quick as well as hassle-free movement process.

Adhere to steps to move from Prestashop to WooCommerce.

Step 1.

Both Prestashop, as well as WooCommerce, are self-hosted platforms which means the activity formula is the same. It indicates you can use the Cart2Cart solution and also get all your shop products moved from PrestaShop to WooCommerce without the assistance of a designer.

Step 2.

The following step is to choose the source and target platforms (PrestaShop and WooCommerce accordingly), pick the information kinds you intend to move from Prestashop to WooCommerce along with the added movement options. The service will do all the rest.

Post movement process.

Now that you are done with the moving process, there are a few things you intend to inspect to guarantee that your WooCommerce online shop is working fine-.

Inspect your new WooCommerce shop for random mistakes like the right classification of items, visibility, perform a couple of searches, inspect web links, etc.

Inspect your WooCommerce store and also install all the necessary expansions to make your shop have all the attributes you need that are not included in the customized version of WooCommerce.

Update to the current information migration service which will certainly reroute your visitors to your brand-new WooCommerce website if they still visit your old Prestashop LINK.

Moving from Prestashop to WooCommerce – Verdict.

Both are self-hosted, free eCommerce systems that come with some extraordinary sales attributes. Furthermore, the variety of automatic migration plugins make the entire moving process smooth and very easy. Utilizing a prominent and relied-on solution like Cart2cart makes certain a complexity-free, smooth migration process. This is all you need to recognize in order to carry out an effective migration from Prestashop to WooCommerce. With any luck, this guide will help you recognize the movement process of Prestashop to WooCommerce.

5 Benefits of Using Bitcoin for Your Small Business Operations

The modern business sector is increasingly adopting cryptocurrencies in recent years though they have been around for a while. Industry giants including Dell and Microsoft have accepted it, why not your small business? There is so much to gain from bitcoin, and it will keep your business ahead of your competitors. Here’s what you need to know about the benefits of using digital currency for your small business operations.

Establishes new revenue streams

Cryptocurrencies provide a great way to supplement your cash flow over the long term. There are numerous ways you can integrate cryptos into your business and benefit from what it has to offer. Growing your business with a crypto business account will boost innovation, expand its scope and give your business a new direction.

Improves brand awareness and visibility

Most business sectors are is overly saturated. To stand out from the rest you need to improve visibility and brand awareness. Consumers have a thing for businesses that take their marketing to a whole new level. Being able to advertise that you support cryptocurrency transactions can attract new attention to your business. It gives you a cutting edge over your competitors. By adopting bitcoin, you will improve your business innovation which will attract more traffic to your business resulting in more profits. Adapting to new solutions is one of the best ways to be innovative for your business.

Cheaper and faster transactions

Merchant transaction fees account for 2 or 3% of your cash flow income which is draining your small business cash. This new form of payment has zero fees and thus you will benefit from more revenue. There are no verifications for each transaction which might take days, and this tends to hold income, thus cryptos are way much faster than you could ever imagine. Blockchain is the technology that checks every regulation, and it ensures quick processing of transactions which might take a matter of few seconds.

Facilitate your customers’ safety. Customer safety is a service that the majority of customers highly seek since it has their best interest. When you ensure anonymity for your customers in a world where they are highly scrutinized you are sure that they will be loyal to your business. Digital consumers are tired of governments and companies tracking their moves and this explains why they are increasingly using buy cryptocurrencies to conduct their transactions.

No borders

Cryptos attracts a booming customer demographic of investors, innovators, miners, and traders who are rooting for cryptos to be adopted by businesses. They are a global currency that is not restricted by a company or government, and they ignore border restrictions. Businesses that adopt cryptos experience an increase in profits due to customer retention and acquisition. By accepting cryptos in your payment processes you will be able to materialize on a new demographic and build a long-term stream of revenue.

An investment opportunity

Similar to other currencies digital currencies fluctuate in value though they are less stable than gold or cash. This fluctuation can be a large upside by looking at digital currency as an investment. When your business accepts digital currency, you can wait and cash them in which is investing in their value increase. Digital currency possesses so much potential and it is a matter of time for the world to experience its growth.

Final thoughts

The future of modern businesses is in blockchain technology and digital currencies, and early investors will benefit from their competitors. What are you waiting for? Buy Bitcoin with Credit Card to join the future and enjoy the numerous benefits that online businesses have to offer.

Top Fintech Trends to Flourish in 2021

Fintech is changing our lives! Fintech development services and Fintech companies have taken over the globe and hence placed enormous pressure on the conventional industries to collaborate and adapt accordingly. Despite that the pandemic caused many businesses to downsize and deal with financial loss, the Fintech sector has displayed more resilience than any other sector!

The impact of the pandemic on global business has taught us about the uncertainty of life. The sectors of travel and hospitality seemingly took the strongest hit. In contrast, other digital space sectors, such as online gaming, e-commerce, and e-learning, saw a massive boost.

The same goes for the Fintech industry, which witnessed an enormous rise as the pandemic encouraged financial institutions to shift to online channels. Due to social distancing and safety measures, people all around the globe are increasingly embracing the digital approach of Fintech for online payments. Read on to learn more about what to expect from Fintech development services in 2021.

Promoting Financial Literacy

With the expected growth of Fintech apps usage, Fintech is more likely to boost global awareness of Fintech possibilities and meet the user’s needs and demands while promoting financial literacy. Simply put, as users will gain awareness of what Fintech development services have to offer, they are more likely to spread the word while reaping maximum benefits from the app.

Fintech is all set to promote financial literacy and provide solutions to people who struggle with money. By promoting financial literacy and providing solutions to support financial literacy, the Fintech companies are all set to gain long-term clients who are the least likely to switch financial apps.

Contactless Smart Financial Systems

The pandemic has caused us to go contactless, including the way we shop, conduct business, and make payments. Since the world has essentially gone digital, it has also raised equal concerns about cybersecurity and sensitive issues related to private data leakage.

The wide availability of mobile banking has also given rise to cybercrimes. This is why Fintech development services in 2021 include the availability of extreme security measures. Understandably, biometrics is one of the most secure methods to take security measures to the next level while providing the clientele the confidence that everything is protected. Nonetheless, in the face of the ongoing pandemic, contactless smart financial systems are soon to become the new norm.

Blending Micropayments With Personalization

The trend of personalization has been emerging in all industries, and Fintech is no exception. Micropayments have been made evidently easy with Fintech apps. The transaction of money that comprises a minimum amount/ small sum has seen a surge with the surge in Fintech popularity.

That said, it wouldn’t be wrong to state that micropayments sync with personalization and are the ultimate cornerstone in making micropayment transactions globally accessible. Micropayments are of utmost visible in the latest payment methods, such as digital wallets and financial platforms dealing with cryptocurrency, such as bitcoin. Despite that cryptocurrency is received with mixed feelings by many people, having Fintech in the market is quite refreshing.

The Increasing Acceptance of Cryptocurrency

Fintech has also propagated an increase in cryptocurrency’s popularity, which has been the center of attention of the world for quite some time now. This divided attitude of the global banks and the world, in general, is due to the lack of global regulations related to cryptocurrency. The highly cautious approach of authoritative global entities has divided U.S. authorities over how they ought to treat and view cryptocurrency. Much debate has been going on regarding treating cryptocurrency as a commodity or whether it should be accepted as a currency and property. The possibility of launching the digital euro is high as the European Central Bank is currently conducting a public consultation.

Final Thoughts

While meeting the increasing demands and needs of their customers, the Fintech development services continuously accelerate, intending to provide better services while allowing users access to quicker transactions. The improved transparency and secure transaction system of the Fintech apps have enabled them to pick up momentum while improving customer experience.

The Fintech industry’s future may evolve within the respective sectors of finance, insurance, and wealth management. It is anticipated that legislation, technology, and the key global financial players will collaborate to launch innovations and uplift the financial ecosystem worldwide.

Best Tools to Simplify Your eCommerce Business

Operating an e-commerce business is both thrilling and exhausting at the same time, and you may be able to handle all the basic tasks for getting it off the ground; you will require more help as you begin to develop.

It makes sense to invest in anything that code simplifies the task and makes it easy for everyone to help a business achieve its goals.

Whenever it has something to do with order management, product inventory, customer service, or web design and marketing, the good news is that there are convenient tools for getting the work done. Below are some of the popular and efficient E-Commerce business tools that you may consider for scaling your business at a much fleeter pace.

1. Quickbooks

One of the essential aspects of running a business is knowing how the money is moving in your business. It would help if you had a good idea of where your money goes, how much you spend, how much you earn, and how much goes into various aspects of the business. Quickbook provides a 360-degree view of your complete business by taking care of all your accounting needs. Using its multi user login and comprehensive analytics and reporting features, the program helps you be on top of things in the easiest possible way.

2. DesignBro

Designbro is an online graphic designing platform that blends high-quality professional designers with clients worldwide. Packaging design has eternally been overpriced due to inadequate processes. Designbro delivers an affordable and high-quality packaging design at scale by automating these processes.

There are different branches for every project, each with its alternatives. It is not very surprising how the tremendous number of choices doesn’t confound people?

It doesn’t stop the purchasing experience for you, and your eyes instantly stand for your favorite brands. More often, the packaging enables a ketchup brand for standing out in every food section. Good packaging should be enough if you want your goods to stand out from the crowd.

Designbro has the ability for assisting you with brand identity design so your products could fly offshore shelves:

●    Selecting between 3 to 10 packaging design concepts.
●    Design by the best professional designers.
●    Receiving tailor-made designs for products.
●    Money-back guarantee

3. FreeUp

An E-Commerce business needs to run like a well-oiled machine for meeting its goals. All its features from marketing, product sourcing, and customer service are required to perform as expected.

One person cannot do all this. You require an appropriate workforce to help you get things done if you need your business to go to the next level.

FreeUp could be considered a great investment as it saves many headaches going through an extensive hiring method. As freelancers are all pre-vetted at FreeUp, all you have to do is tell them the skills you are looking for and provide you with qualified candidates within 24 hours.

4. Sellbrite

Inventory management and order fulfillment are tedious tasks required to run an eCommerce business, which is why it makes a turn-off difference if there is a way for performing each of these tasks with the same tool.

All this has been made possible by Sellbrite as it not only allows you to perform these tasks by using a single tool it also provides access to multichannel reporting intelligence required by every business.

5. UpCounsel

Branding, trademarking, intellectual property rights, labor, and employment agreements, customer agreements, and patents are some of the things you are forced to deal with as your business will grow. Also, you will be spending time working with lawyers when dealing with these things, which is why getting access to what team of lawyers for critical legal advice is crucial. It is exactly what UpCounsel provides, which is why investing in this tool is vital not only for developing the business but also for protecting it.

6. ShipStation

Shipping products could be devastating. From designing shipping labels and binding slips for sending actual orders, the entire process requires a lot of time and effort, particularly when marketing through different platforms.

ShipStation helps save time and money by allowing you to import, manage and ship orders in one place. Shipstation can integrate directly with popular e-commerce shopping carts, tools, and platforms that make the whole process of selling products online more comfortable than it regularly would be.

7. AfterShip

An E-Commerce business should ensure that customers are getting quality products and obtaining them at the right time. It is why a shipment tracking tool is necessary because different factors could affect the delivery procedure. You can provide your customers less reason for wearing about their packages by having the ability to track shipments.

It is exactly what AfterShip provides you. With its support of over 400 shipping services worldwide and integration with major eCommerce platforms like Shopify and eBay, delivery monitoring has become much convenient.

8. Yotpo

One of the essential factors that provide an E-Commerce business with success is a customer review. It is an excellent way for leveraging satisfied customers for driving future sales. That is what Yotpo allows you to do.

What provides a platform for generating product reviews and uses the best of them for boosting sales with its highly customizable and easy-to-install widgets. Essentially that tool supports in making your business more convincing regardless of its market share.

End words

The large number of tasks required for running an eCommerce business investing in these tools could effectively increase productivity and profitability. While most required tasks are considered mundane and routinary, it doesn’t take away that most of them require time and effort.

The tools mentioned above allow you to maximize time and features to perform such tasks easier and faster. Some of them might require you to shell out a considerable amount of cash; the benefits they will bring will surpass the amount you will be spending. If you want to boost your product sales and see a drastic increase in profit, investing in these tools could be one of the best decisions you can take, especially if you start.

Download the Uproad App to Pay Your Tolls on Time

Drive on toll roads without a toll transponder and avoid toll agency fines.

The number of toll roads in the US is quite significant. Usually, you have two toll payment options – using a transponder or waiting for that paper bill coming in the mail. Getting a toll agency violation notice because of a dead transponder battery or simply because you forgot to send a payment is not fun. We’ve all been there.

With Uproad, you can automate your toll road payments and drive stress-free (every time!)

Whenever you enter a toll road, you’ll get a notification on your smartphone. The app works in the background and is well-optimized, so it doesn’t affect your phone battery usage.

Once the tolling agency posts charges to your account, Uproad will pay the bill automatically using funds on your account balance. To make sure you never forget to top up your account balance, use Autopay mode, and the app will make sure your balance never goes below a certain amount. But you can also use the Manual mode and pay every toll by yourself if you first want to review every transaction in detail.

Uproad supports PayPal, Venmo, Credit, and Debit cards. They charge a small transaction fee for every toll payment, but frequent toll road drivers can simply get the $19.99 Premium yearly membership to enjoy a lower transaction fee.

To estimate your expenses before you hit the road, you can use a built-in calculator. The app also lets you review your spending for a specific period and separate your business/personal expenses.  

You can ask any question using the app’s chat interface and receive quick responses from their support team. And if you want to dispute the charges, their support agents will help you sort this out with a tolling agency as well.

Uproad is free and available for download on App Store and Google Play Market. You can have up to ten vehicles linked to your Uproad account. Usually, newly added cars are activated overnight, so you’ll be able to drive the next day! So yeah, no need to avoid unfamiliar toll roads anymore. Uproad ensures transparency on every mile of your journey – from the moment you pass the toll point to the moment you pay your toll bill. All of that using just your smartphone.

Online Shopping and its Need for Security

It’s no surprise to anyone that online shopping is the most accessible market in the modern world. With the plethora of devices that allow us to connect to the internet and the thousands of products available to us, the potential for scams and distrustful businesses has increased significantly.

Shopping has traditionally been a social experience where you can talk and interact with the person selling to you and get a hands-on look at the product. This is great for a few reasons:

  1. You may feel more comfortable and secure knowing who you are buying from.
  2. You have a pretty good idea of where your money is going, and you don’t have to pay now and wait two weeks for your purchase.
  3. You get to interact with the product and see it up close, which is incredibly helpful if you’re not 100% certain about the item.

I can’t tell you how many times I’ve purchased something, waited a ridiculous amount of time to receive it only to be incredibly upset when it’s not what I thought it was. I don’t doubt that others share this experience and you can take a look for yourself at the reviews of whatever it is you are purchasing. This creates a sense of distrust amongst online shoppers and for me it means I have to do more research about who I am buying from and take a look at the payment methods to compare them with those of buyers I trust.


The importance of online security in money transaction sites is so important because unlike in-person shops, online stores have generally no direct communication with the buyer and a requirement for you to put your information on the net. There exists customer service lines, e-mails, and sometimes a chat service however these are not always available and can take time. Because of this, customers want to feel secure about their information and their money. High-volume sites like Bookmaker need to have top of the line security to function.

Factors of Online Shopping

Always Open

One of the reasons shopping online is so prevalent is because the store is always open, accessible at any time. This allows for a greater influx of customers, and creates a need for tighter security for money transactions. If you have thousands of potential customers you likely want them to feel safe so they continue to give you business.

Additionally, the amount of consumers that are able to access an online business is essentially limitless. People in the UK can buy products from other countries like America or China simply by navigating to a website on their mobile devices or computers. With this comes the necessity to include conversion programs for currency and introduces the blend of buyer/seller regulations between countries.

Payment Methods

The most important aspect of online shopping is the checkout. Customers need to be able access quick and seamless payment options. If there is a lot of legwork and waiting on their end, glitches that reset the cart, or unintentionally added items you can kiss that business goodbye. There exists today many different payment options such as PayPal, Apple Pay, and the traditional debit or credit card. Whatever you decide to use, you must make it secure. To create return customers and receive orders online, they need to feel safe.


If you are reading this right now, take a look at the website URL, to the left most side. Do you see the small padlock? You should. This tells a customer that any information they input on the site, including their social security number, credit card information, and passwords are safe. You can of course get business without this protection, but it is a major contributor to online security and repeat business.

All that being said, remember to take extra care when doing business online. Whether you are shopping or selling, both parties need to feel peace of mind. Make sure payment methods are quick, easy, and secure. Do everything in your power to create a website with a padlock symbol, and if you are a shopper take care of the websites without it. Also do not do business on any site with a red warning triangle. Each of these aspects are vital in creating a successful and secure shopping experience for the consumer, which will in turn net better business.

Alternative Payment Methods You Should Know About

People like to shop and buy things or services every day, and you will not be able to avoid times when you see something you want to buy but then realize that you do not have any cash with you. Some people do not like to carry around cash with them because it is too much of a hassle.

To avoid passing on things that you want to get because you forgot to bring some cash, there are other methods you can use. There are other options to make your payments. Here are some of the ways:

Mobile Wallets and Online Billings

One of the most common methods that you can do is the use of mobile wallets. It is a virtual wallet that you can use for payment anywhere you go. The first thing that you must do is download a mobile wallet application and link your bank account. If you like shopping from several stores, make sure that the application you will download caters to stores you are buying products from. The application will generate a QR code or a pin that you will present upon the payments of your items. The store will scan the QR code, and it will receive the money from the items. If you are a merchant, you can use a telco and digital merchant platform to handle your payments. Managing a large scale of payment coming in and out of your inventory will be hard, but this will make it more manageable for you.

Bank Transfers

You can also make use of bank transfers to make your payment. All you have to do is download an application dedicated to accounts of your bank, register your card, and you are ready to do bank transfers. Having the application for your ATM card is convenient because you only need to fill out bank details of the person you are trying to pay.

The payment will directly go to the other person’s account without the need to meet in person. This is also an easier way to keep track of your account. Each bank works differently so it is important you compare online banks.


Payments through bitcoins are also becoming a common alternative for payment. You must set-up your bitcoin account and buy coins for your wallet. You can even buy bitcoin with credit card for convenience. Bitcoin payments are beneficial because there will be no additional banking fees when you make the payment. You can also use it to make any payments to anyone around the world because it is accessible anywhere with an internet connection.

Alternative payment methods are not only useful to the consumers, but also the sellers. You can save your time and you can also consolidate your expenses because the applications save a record of every transaction you do on your mobile phone or laptop. There will be no need to go from one place to another place so you can give your payments. This is also convenient when you are paying your utility bills because you do not need to fall in line and wait for a long time to pay.