Alternative Payment Methods (APMs) are used to make purchases online and are gaining in popularity.
Unlock international success with over 100 localized payment options, giving your customers access to their favorite ways to pay, no matter where they are.
Getting the right mix for your payment stack is essential to keep your payments flowing.
Merchants might consider offering APMs for several reasons:
01
Customer
convenience:
APMs provide customers with options that suit their preferences and needs, making the payment process more convenient and user-friendly.
02
Global
reach:
Some APMs, like digital wallets, enable merchants to reach customers worldwide, expanding their customer base.
03
Reduce shop-cart abandonment:
Offering diverse payment methods can reduce shop-cart abandonment rates, as customers are more likely to complete a purchase if their preferred payment option is available.
04
Security:
APMs often come with advanced security features and encryption, reducing the risk of fraud and chargebacks.
05
Competitive
advantage:
Merchants that offer a wide range of payment options can gain a competitive edge by catering to a broader audience and staying ahead of the curve in the rapidly evolving payment landscape.
06
Loyalty and
repeat Business:
A seamless payment experience can lead to customer satisfaction and loyalty, encouraging repeat business and positive word-of-mouth recommendations.
Alternative payment methods
Enable merchants to improve customer satisfaction, increase global reach, and gain a competitive edge.
By offering a variety of payment options, businesses can adapt to evolving customer preferences and improve their overall payment experience.
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