Wednesday, April 17, 2013

Lazada: Payment methods that surely fits every Juan’s needs


 Paying bills is an integral part of modern living. It is very crucial for businesses to get paid properly by patrons taking advantage of the services they offer and products they are moving otherwise they will go bankrupt and cease engaging in the business they are in. on the company’s part, it is in my opinion, their responsibility to provide their consumers with viable payment options that will make it easier for them to pay the products and services they bought from the company. Given these facts about payment methods, it is a very opportune time to discuss what the Philippines’ online shopping mall LazadaPH has to offer when it comes to payment options that they offer online. Before there was Lazada, I was very hesitant to try out online shopping because I think paying through a credit card is quite unwieldy and complicated for me. But that is not the case anymore as Lazada Philippines came through with a lot of different options to pay like credit card payments, Dragon Pay and of course their cash on delivery payment method that has garnered a huge reception amongst local online shoppers because of its simplicity and ease of transaction. Now let’s break down how each payment method works along with their advantages. I will not cite any disadvantages for each payment method because that is exactly why Lazada came up with multiple payment options which are to provide consumers with the payment method that will suit their needs. So here are some details about the payment options that Lazada offers:

 Credit Card Payments- Lazada Online Store of course has this option because it is a standard payment scheme offered by online shopping websites. Shoppers who choose to pay through this method have to have an active and valid credit card (pretty much self-explanatory) and enough line of credit. The best thing about Lazada Philippines' credit card payment system is its security of transaction. The company is in compliance with regulatory standards set by PCI-DSS (Payment Card Industry Data Security Standard) a council formed by top financial services companies like Visa, MasterCard, American Express, Discover and JCB. Their goal was to set the standards of security when it comes to handling credit card account information to keep credit card fraud at bay. The council conducts an annual audit of different online companies engaged in processing credit card transactions based on the set security protocols established by the council. If an online company is found to be compliant with the security standards then they are given the seal of approval which can be found displayed on the particular website that was audited. Lazada Philippines’ seal of approval is displayed conspicuously at the bottom of the page which means that the website have gone through a rigorous audit and passed with flying colors assuring consumers that their credit card transactions are always safe.

 Dragon Pay- is an alternative online payment company (located locally) that utilizes the Philippine banking networks and other business establishments like remittance centers and convenience stores to process your payment. It works like the utility bills payment system in 7-11. All you have to do is go to your nearest convenience store or bank then Dragon pay will process the payment and send it to Lazada. The payment will be tracked by a confirmation code that you have to provide to Lazada as proof that you have already paid and that’s it.

 Cash on delivery – need we say more? You basically place your order and pay for it once the order arrives at your doorstep. Simple as that. Easy, convenient and stress-free.

 So what are you waiting for, time to get into online shopping because Lazada offers different payment methods that will surely suit your needs.



Lazada Philippines' Commercial

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