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Current best practices for online payment are also the oldest … albeit with a modern twist. Direct bank transfer, alternatively termed bank wire transfer, has been utilized as an approach to remote payment since the time when the concept of home computers was just a science fiction fantasy. Nowadays, bank transfers continue to function as a payment method, but now instead of being transmitted by telegraph (the “wire” tied to the alternative name for this method) they are directed by computer. In fact, it's quite efficient this way. Nonetheless, they are an efficient method of transferring money to pay for goods and services bought over the Internet. As a consumer, you maintain strict control over when and how much you opt to make any bank transfer and such transfers are widely accepted by vendors, including online gaming platforms.
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