Current analysis of payment methods in e‑commerce
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By NORDIC team – Date: March 4, 2026
The landscape of payment methods in e‑commerce is constantly evolving. It is essential to stay up to date with the available payment options to offer customers the best possible experience. In this article, we explore traditional methods, emerging alternatives and the importance of cash‑on‑delivery payments.
Established payment methods in e‑commerce
Traditional methods:
These will always have their audience, as they offer a greater sense of security. They include payment by bank transfer and cash‑on‑delivery. Although the latter is an older method, it remains relevant by incorporating new payment options, keeping it attractive for many customers.
Credit and debit cards:
Although there were concerns years ago about online card payments, their use is now widespread. Security has increased significantly with the introduction of mandatory two‑factor authentication.
PayPal:
A secure and universal method that is particularly useful for international purchases, as it simplifies currency conversion. Many users choose PayPal when buying from an online store for the first time, making it a highly valuable option to offer.
Payment methods gaining ground
Bizum:
Bizum has evolved from a promising option to a widely adopted reality. It is especially popular for micropayments between individuals and is backed by Spanish banks. The number of online stores accepting Bizum continues to grow.
Mobile payment apps:
This category includes various payment apps launched by major tech companies, such as Apple Pay and Google Pay. WhatsApp Pay, although not yet available in Spain, promises to be a revolutionary option thanks to its simplicity and WhatsApp’s massive user base.
Digital asset payments:
Although not yet widely adopted, payments using blockchain‑based currencies are a future trend that may gain relevance in the coming years.
The importance of cash‑on‑delivery payments
Although often overlooked, cash‑on‑delivery remains the preferred method for many customers who want to pay only when they receive the product. This method can be crucial for an e‑commerce business, ensuring that every customer finds a payment option they feel comfortable with.
What is a cash‑on‑delivery shipment?
Cash‑on‑delivery is a shipping method offered by most carriers. It allows the recipient to pay the carrier upon receiving the package. Generally, companies require payment in cash.
Cash‑on‑delivery process:
- Package delivery: The carrier delivers the package to the customer’s home or office.
- Customer payment: The customer pays the exact amount upon receiving the package.
- Funds transfer: The money paid by the customer is transferred to the seller, usually via bank transfer.
Can the customer open the package before paying?
No, the customer cannot open the package until payment has been made. If you want the customer to be able to open the package to inspect it before paying, you must specify this on the delivery note.
Security of cash‑on‑delivery shipments
Cash‑on‑delivery is secure for both the buyer and the seller. Buyers do not need to enter credit card details, increasing their sense of security and privacy. For sellers, it guarantees payment.
Advantages of cash‑on‑delivery shipments
Implementing cash‑on‑delivery can increase customer trust and satisfaction. Some advantages include:
- Greater trust: Customers can pay upon receiving their purchase.
- Increased privacy: No credit card details are required.
- No upfront payment: Ideal for customers who prefer not to pay in advance.
- Growing trend: More and more users are demanding this option.
How to send a cash‑on‑delivery shipment
Sending a cash‑on‑delivery package is simple. When contracting the service, you must inform the carrier of the exact amount to be collected from the recipient. The amount will be visible to the carrier and the shipment process will be similar to other delivery methods.
Urgent and international shipments
Offering urgent cash‑on‑delivery shipments can be key to increasing your conversion rate. Companies such as Correos Express, Nacex, UPS and SEUR allow these shipments, ensuring fast delivery and payment upon receipt.
For international shipments, you must contract the service with carriers that offer this option.
Conclusion
Payment methods in e‑commerce are constantly evolving. While traditional methods like cash‑on‑delivery remain relevant, new options such as Bizum and WhatsApp Pay are gaining ground. Make sure to offer a variety of payment methods to meet the preferences of all your customers.
Hire our cash‑on‑delivery shipping service today!
Do you want to offer your customers a secure and reliable payment option? At NORDIC, we provide the best cash‑on‑delivery shipping service for your e‑commerce business. Don’t wait any longer; improve your customers’ shopping experience today.
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