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Alternative Payment Methods

Clearly Payments

Alternative Payment Methods (APMs) have become a big part of todays evolving fintech landscape, as consumers seek faster, more convenient, and secure ways to pay. This guide provides an overview of popular Alternative Payment Methods, their impact, and why theyre becoming critical for businesses worldwide.

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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

Regional Penetration : In North America, over 70% of online purchases are made via credit cards, while only 10% of European consumers prefer this method. Growth Trends : Despite the rise of alternative payment methods, credit card transactions continue to grow in sectors like travel, accounting for 60% of all travel bookings globally.

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The Top Payment Methods For Small Businesses

Stax

They let buyers initiate payments by placing their mobile phone near a compatible payment terminal. The payment method is facilitated by digital wallets like Apple Pay, Google Pay, and Samsung Pay. ACH payments are also reversible, while wire transfers cant be reversed once completed.

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Exactly.com Helps UK Businesses Scale with Enhanced Coverage in Spain

Fintech Finance

The expansion of Exactly.com Spain Coverage enhances local payment performance and fortifies cross-border capabilities. Bizum has emerged as a well-established mobile payment solution in Spain, offering instant transfers directly between bank accounts via users’ mobile numbers.

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Thunes and Alipay+ Enhance Cross-Border Payments for Paris Merchants

Fintech Finance

Thunes , a global money movement innovator, has now enabled hundreds of merchants in Paris to accept cross-border payments from 15 international e-wallets and mobile partners via Alipay+. Thunes offers Pay and Accept cross-border payment capabilities in over 130 countries and more than 80 currencies.

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DNA Payments adds Alipay+ to POS portfolio

Finextra

UK-based fintech DNA Payments has grown its portfolio of POS alternative payment methods by launching Alipay+, a suite of cross-border mobile payment and digitalisation technology solutions operated by Ant International.

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Challenges in the card payment industry—Navigating a rapidly changing landscape

The Payments Association

Fintech startups, blockchain technology, and the rise of decentralised finance (DeFi) are proving to be worth challengers to traditional card-based payment systems. The rise of alternative payment methods like cryptocurrencies, mobile payments (e.g.,