Cash - Physical money (coins and notes)., Debit Card - Card linked to your bank account. Money is deducted immediately., Credit Card - Borrowed money up to a limit; repay later (usually with interest)., Cheque - Written order to a bank to pay someone., Electronic Transfer - Move money directly between accounts via bank apps or online., Direct Debit - Allows companies to take variable payments automatically., Standing Order - Automatic, fixed payment set up by the payer., Pre-paid Card - Preloaded card with a set amount of money., Mobile Payment App - Pay via smartphone apps (e.g., Apple Pay, Google Pay)., Contactless Card - Tap-and-go payment with no PIN (under £100)., Charge Card - Like credit card but must pay full balance each month., Store Card - Credit card linked to a specific retailer., Mobile Banking - Access your bank account via a mobile app., BACS (Bankers' Automated Clearing System) - Low-cost, slower bank transfer method., Faster Payments Service (FPS) - Quick payments between UK banks (usually same-day)., CHAPS (Clearing House Automated Payment System) - Same-day guaranteed payment for high-value transfers.,

Payment Methods

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