How do I pay for my diamond online?

To pay for your Online diamond purchases, most merchants do accept the following type of payments.

Credit Cards

Paypal

Money Order/Cashier's Check

Bank Wire Transfer

Most diamond online sellers do offer a 30 day money back guarantee on all loose diamond purchases, however just to be on the safe side, it's always good to pay for your online loose diamond purchase by credit cards, just because the credit card companies give you the extra protection against any disputes, claims etc.

I would not advise anyone to pay for your Online Diamond purchase using a Bank Wire Transfer because once the money is on their hand, you have very little room to negotiatiate or dispute the transaction. They have the upper hand as long as they have the money.

Often these retailers will offer incentives such as a 3% purchase discount if you pay by doing wire transfer. This is alright if you are absolutely sure about your purchase, however if you are not sure, please do not pay using the bank wire transfer.