Thursday, September 5, 2013

Lazada Philippines: A Diverse World for Completing Payments Online


The misconception on online shopping is that companies choose it as a way for easy money. Maybe. But it is not as reassuring once the process of creating a successful online shop kicks in. A true e-commerce website needs more than just a legitimate sounding domain. It needs to follow a certain set of standards to be able to compete to websites by the likes of Amazon, Ebay, Lazada, Zalora etc. 

Lazada Philippines has been a top contender in the e-commerce industry, one of the reasons being its very flexible payment methods. The best part about Lazada is its product are directed to Filipinos specifically making it an ideal destination online. Filipinos are familiar with two things. It’s either one pays in cash or on credit. Because of this clouded judgment on how far payments can go, we forget the possibility of other options. In return, this blissful ignorance hinders us from discovering easier outlets that can greatly help in improving our finances. 

Lazada currently offers five methods of payment, each one distinctly different from the other. Cash on Delivery focuses more on the personal aspect as all payments happen during the day of the shipment. No initial payments are required to seal orders for approval making it the most convenient and trusted form of payment by the majority. Though this option is not yet available nationwide, it has been proven to be effective by numerous number of satisfied customers. Purchases made using credit card however is a different story. Credit cards used must be either Visa or MasterCard because if not followed, the said transaction will be considered null. The customer making the payment must own the credit card being used a different procedure will apply. Necessary account information must be submitted to finalize the order. Banco De Oro Installment is the more flexible method for payers who would rather pay in a length’s time in equal distribution. Although this method can only be acquired by buyers who make a minimum purchase of P3,000. BDO extends its service up to 24 months of installments. Megalink for those unfamiliar with the term requires prior subscription to the said company. It’s a membership that allows its clients to pay online through Internet Banking or Debit Card. A gateway to the site will be provided for the customer to fill out for necessary information. Lastly, there is Paypal. It is very similar to the process involved in paying via one’s Megalink account. A membership must also be created to help out with online payments. 

I’m pretty confident that you did not know about at least one of the methods I mentioned earlier. You may know all of it but have little idea on some because you have never considered researching about it. Although it’s good that we stick to what we feel safe with, it also becomes a travesty sooner or later. The industry of online selling is progressing tremendously and better options are bound to erupt. With this in mind, it is important to be open to other options to make room for better benefits

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