Money

Today, there are variety of payment systems that are widely spread and can used successfully by the bookstore. At the same time, it is necessary to distinguish payments that are acceptable, possible and effective at the storefront and on the website. In this respect, it should be said that at the storefront it is possible to accept cash, as the traditional way of payment, but, today, this way of payment is not very convenient for the store because it will need additional time for accounting and transferring the cash to the bank account of the bookstore. In this respect, the use of credit cards is substantially more effective because it needs minimal time for the transaction and, what is more, this form of payment is quite reliable. At the same time, it is necessary to take into consideration the fact that this form of payment is the most widely spread today.

In addition, credit cards can be equally used for the payment on the website of the store. Consequently, loyal customers of the company can use credit cards both at the storefront and on the website. At the same time, the online payments and transactions can involve the use of various electronic systems of payment, such as PayPal, for instance. These systems are fast and convenient to use.

On the other hand, there is a risk associated with any form of electronic payments ”“ the risk of information breaches and the loss of private information or even financial resources. However, the use of modern, effective information systems can minimize this risk and losses from possible information breaches.

Thus, today, it is possible to use various forms of payment, from cash to electronic payments.