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Online Payment Basics

1.0 What Is Mean By Paying Online

One definition of paying online is paying for something over the Internet.

2.0 Benefits of Paying Online

There are several benefits of paying online for the CareMate Service, versus other payment means:

  1. Convenient Any Place & Any Time

    You can pay from the comfort of your home. Or you can pay from anywhere that you have access to a personal computer and the Internet.

    In addition, you can pay whenever you feel like it, or whenever you have a few minutes. You can pay any time, any day, even at 3am in the middle of a long weekend in summertime.

  2. Fast and Easy

    Paying online is fast. Normally, the whole online payment process should take about 10 minutes or less.

    Just follow the thorough step-by-step instructions that we provide.

  3. Prompt Access To CareMate Service

    When you pay for something, you want to use your purchase right away. Other forms of payment require you to wait for days or weeks before you can use your desired product or service.

    With our online payment system, you typically can start using the full version of the CareMate Service within 10 minutes of beginning the online payment process. (This assumes that you have set up your online payment account properly.)

3.0 Many People Do Online Payment

In Canada, in 2010, _____ people bought something online, and paid for it online. They paid ___ million dollars for these goods and services. Online payment in Canada is growing by ___% per year.

Paying online is quite common these days. People use online payment for many things, including:

  1. Buying products and services online
  2. Paying utility bills
  3. Paying for subscriptions
  4. Donating to charity

4.0 Online Paying Is Safe

These days, paying online is quite safe.

There are many reasons for this:

  • There are reputable, well established third party online payment processing companies.
  • You provide information online over encrypted Internet connections.
  • You use User IDs and passwords to get to your personal information.
  • Stored personal information is encrypted.
  • Computer network firewalls provide another level of security.

5.0 PayPal Basics

PayPal is the name of an online payment provider. It enables a person to pay for products and services over the Internet.

PayPal is the most popular method of online payment in the world. In 2010, over 100 million people used PayPal to pay for something on the Internet.

To pay online by PayPal, you first need to get a PayPal account.

A PayPal account can be associated with one or more sources of funds. These are:

  • A person's credit card
  • A person's bank account (either chequing account or Savings account)
  • Money deposited in the PayPal account itself

When a person uses PayPal to pay for something online, the person specifies the source of funding (credit card, bank account or PayPal account).

The person can change the source of funding for any online payment.

Paying by PayPal is immediate (assuming the specified source of funds has the money to cover the payment). The merchant receives the money immediately, in their merchant PayPal account.


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