No one type of payment is best – it will depend on the needs of your business and what your customer’s chosen payments methods are. Make sure you understand how the different methods work, some of which include:
- EFTPOS payments
- Credit card and debit card payments
- Direct debit payment
- Cash
- Gift cards and vouchers
Some less common payment options can include:
- Online payments
- Cheque
- Money order payments
- Bitcoin and digital currencies
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