Direct bank transfer is also a good way of accepting payments from customers with internet banking accounts. It can also be done using ordinary banks, but it is easier with an internet banking facility. Most banks now provide this facility. The customer only needs your sort code and account number for a bank wire and they can transfer money directly to your account. This however can take up to 5 working days to go through, so is not as instant as a PayPal, credit card or debit card payment.
Some people are afraid to provide these banking details, but they are only what are on every personal check that people have no problem in sending by post. You can accept personal or company checks, although you have to wait until payment has been cleared before you provide the goods.
eCharge is a means of paying by users charging the price to their phone bill. Once your application has been approved, you have software to download and the system works through your modem. The bills are provided in the form of a local phone bill and eCharge pays the seller.
Cash should also be acceptable, although you should make it clear that cash is accepted only at the customers risk, and that they make sure to use an insured form of postage.
There are others such as the Smart Cards used in Europe, examples being Chipper and Proton, and eGold, where the user pre-buys gold in advance and the value is deducted from their balance. It is a digital currency, and no one actually handles any money - or gold for that matter!
There are many more ways how to accept online payments in internet marketing, and the above are representative of most of them. You should try to offer your customers a variety of ways to make payment, since not everybody has a bank account or a credit card. However, most websites offer credit and debit card payments, personal checks and perhaps also an online payment system such as PayPal or eGold.
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