Consumers are starting to feel more comfortable with online
payments as they become more common. While some still prefer cash over cards,
most people now have access to at least one payment method and trust it more
than traditional bank accounts. Some of the top reasons consumers prefer online
payments include the convenience, security, and anonymity that they offer. In
this blog post, Fintech specialist Firoz Patel discusses the top three reasons
why consumers prefer online transactions instead of card transactions.