Payment Methods and Types
What is Payment Methods
Payment mode refers to the method used by a customer to make a payment for goods or services. It specifies the form of payment accepted by the merchant or business for a transaction. Common payment modes include cash, credit or debit cards, mobile wallets, bank transfers, online payment platforms, and electronic fund transfers.
Customers can choose their preferred payment mode based on convenience, security, and availability. Businesses may offer multiple payment modes to accommodate different customer preferences and enhance the overall shopping experience. The payment mode selected by the customer determines how the funds will be transferred to the merchant to complete the transaction.
As a CCG Consumer, Merchant should provide list of payment methods and channels required for thier business to be configured.
Accepted Payment Methods
CCG offers the following payment options
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Cards
- Supported Card Brands
- Manufacturer Card
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Bank Account
- A financial account held by an individual or entity at a financial institution, such as a bank or credit union. A bank account allows account holders to deposit and withdraw funds, make payments, receive direct deposits, and access other banking services
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- Google Pay is a digital wallet platform and online payment system developed by Google. It allows users to make payments using their mobile devices, tablets, or computers at online and physical stores. Google Pay securely stores users' credit and debit card information, loyalty cards, and other payment methods for convenient and secure transactions.
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- Apple Pay is a mobile payment and digital wallet service developed by Apple Inc. It allows users to make payments using their Apple devices, such as iPhones, iPads, Apple Watches, and Mac computers. Apple Pay securely stores users' credit and debit card information, as well as other payment methods, and allows for contactless payments in stores that support NFC technology.