When we look back, we realize that the payment method for items involved hand-to-hand transfer. If you ran out of cash, there was no way to get the required money immediately. This caused many problems as carrying large sums of money was always a strain due to thieves. But with the introduction of online payment gateways, this problem has been limited to a large extent. Now you can log in to your bank account at any time using personalized credentials and use online money transfer services to make purchases. More information about these payment portals and gateways is provided below: Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original EssayHow did all this begin?Electronic payment portals came into existence mainly thanks to the World Wide Web. In the 1990s, the innovation and invention of online payment services revolutionized the world. Stanford Federal Credit Union was the first financial institution to allow net banking. But the process was so complicated that only professional programmers could use this feature. Not very enterprising, right? The process was later simplified a bit, but required additional software and knowledge. This was again not welcomed by many. At the turn of the millennium, there was an increase in the number of cell phones around the world. These mobile phones could subsequently access Internet services and this opened up new possibilities for online payment services. Soon, mobile apps were built that could perform online banking and other monetary transfers. We may also see the lines between offline and online money transfer blurring. There are now numerous online money transfer services to choose from. Why should you pay online? When the concept of online payment gateways was introduced, people were worried and had genuine reasons to be. Being a new concept, there was no sense of ease and security associated with it. But now times have changed. High-security encryptions are provided at both ends of the transaction which are responsible for your safety and secrecy. Safety is not compromised under normal conditions and is quite efficient. The main advantage of using online payment services is that you do not need to visit your bank. Wherever you are, connect your mobile phone to a secure network and then you are ready to go! It is like a portable bank and can perform almost all the functions of a bank. Ease of use, portability and security add to the reasons for making money transfers online. I have to be tech savvy to pay online “If I had lived in the late 1990s or early 2000s, the answer would have been yes. Right now, if you can click the right buttons, you're pretty much ready to pay online. Here are some steps to follow while using online payment gateways. First, you need to have a safe and secure internet connection. Never try to use the free and open internet provided in restaurants and bars for your payments. Also, if you don't have internet and are planning to connect to a portable hotspot, make sure it's set up by someone you know and trust. If you are in a shop, restaurant or cafe, then you all need their unique QR code or contact number. If you open the payment app, you will have the option to scan the QR code or enter your mobile number. After the app will have $1000.