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Payment methods (credit (postives (Offer a cheap use of the funds…
Payment methods
credit
postives
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Avoid the hassle of carrying around large amount of cash and instead you can just carry it all around in one card conveniently
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Lay by
When you buy goods using lay by, you first pay a deposit to the shop who pulls aside the good for you
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Direct debit
Many consumers have bills that arrive at regular intervals such as a telephone, electricity or car insurance
By using a direct debit system, you can schedule bill payments from your nominated bank account automatically
Cheques
A cheque is a written communication ordering your financial institution (bank), to pay a business or person a specific amount of money
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Book up
Book up is credit provided by a retailer so that you can purchase goods from the store, take them straight away then pay at a later date
This form of payment is commonly used between hardware stores and tradespeople (builders, plumbers etc)