QVC is an acronym for "Quality, Value, and Convenience". The company was founded in 1986 and is today owned by Qurate Retail Inc. (QRTEA), which includes 15 different networks that broadcast to an estimated 380 million households worldwide. QVC includes three networks: QVC, QVC2, and QVC3. The three networks had 8.3 million customers in the U.S. in 2018, shipped 105 million packages, and generated $6.3 billion in revenue. So, what are the payment methods customers use for all these purchases?
QVC Payment Options
QVC accepts debit card payments as one of its many payment options and purchases of items from QVC can be made by both Visa and MasterCard debit cards. When using debit cards, the merchant deducts money directly from a bank account.
- Qurate Retail operates 15 networks including QVC, QVC2, and QVC3.
- The QVC networks combined to ship 105 million packages in 2018.
- QVC shoppers can choose from a variety of payment methods, including debit cards.
- QVC also has its own payment methods called Qcards and Easy Pay.
Other payment options for QVC purchases include all major credit cards, PayPal Credit, and the company’s own Qcard. Users can apply for a Qcard, the company’s credit card that makes purchases faster, and then store the payment information in their accounts. Checks are also accepted as a form of payment for most purchases, although items do not ship until the check is received.
Debit cards and credit cards can also be used to purchase QVC gift cards. Purchasers can choose denominations ranging from $5 to $500 for each gift card. These cards can be mailed or emailed directly to the buyer or a gift recipient.
Another popular option for payments on QVC is Easy Pay. Debit cards are not listed as an option for this method, but customers can select Easy Pay to receive the item and then make monthly payments. The total payment amount includes the price of the item, taxes, and shipping and handling charges. The first payment is due at the time the item ships, with additional payments due every 30 days. Qcards, PayPal, and credit cards are accepted for QVC’s Easy Pay program. There are no additional fees to purchase items using this method.