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AlternativePaymentMethods (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 AlternativePaymentMethods, their impact, and why theyre becoming critical for businesses worldwide.
International payments app Zing, and global digitalpayments provider, Checkout.com , today announced a partnership to support the launch of a new suite of alternativepaymentmethods integrated into Zing’s app.
This year’s survey also highlights an uptick in digitalpaymentmethods, with 65% of respondents preferring to pay digitally and paper-based checks declining year-over-year (YoY) to only 15%, largely contributed by Baby Boomers and Gen X. credit cards, loans, etc.) 20% would make minor purchases (e.g.,
That’s why preparing your bank for a seamless digitalpayment platform shift is no longer optional. Understand the importance of a digitalpayment system shift You cant plan for change without knowing why it matters. So let’s start by understanding how customer behavior and the payment industry have changed.
Paydock, a leading eCommerce payment orchestration platform, has announced a strategic partnership with Aevi, a pioneer in card-present payment orchestration, to deliver a true omnichannel payment orchestration offering for financial institutions, merchants and ISVs.
Credit cards are practically a relic of the past in China, with QR code payments via AliPay and WeChat Pay now already accounting for a collective 92% share in Chinas massive payments market. Its clear that APAC isnt just embracing the future of digitalpayments its defining it.
For publishers, leveraging local paymentmethods is critical to enhancing user conversion rates in the region. With this partnership, Coda will harness Bamboos expertise in alternativepaymentmethods, offering gamers in Colombia seamless access to platforms like Nequi.
The 2025 dLocal Emerging Markets Payments Handbook delves into the complex landscape of preferred alternativepaymentmethods (APMs), consumer behaviors, industry shifts, and regulatory updates across Africa & the Middle East, Asia, and Latin America.
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 alternativepaymentmethods, credit card transactions continue to grow in sectors like travel, accounting for 60% of all travel bookings globally.
currently Apple Pay) Leveraging Entrust’s expertise in digitalpayment enablement Creating a custom wallet in their own banking app, issuers can offer a digital-first payment and banking experience. .”
. “Introducing support for the paymentmethods passengers want, including Apple Pay, Google Pay, Mercado Pago and NuPay, demonstrates GOL’s commitment to meeting the needs of the market.” This is due, in part, to the popularity of APMs in the marketplace.
The whitepaper is designed to help businesses understand not just the how but the why behind consumer payment choices, while offering the payments industry a clear roadmap for establishing alternativepaymentmethods (APMs) as trusted, long-term options alongside cash and cards.
. “Providing localized payment options is an important part of improving convenience for customers, and we are always looking for ways to optimize our payment processes to meet the needs of different markets.
Just 5% use them for travel bookings, and 6% for in-store shopping, showing that while Gen X appreciates convenience, they are reluctant to switch from paymentmethods they trust. Other insights on Gen X from the PXP study reveal: 51% of Gen X rank security as their top payment priority.
The whitepaper is designed to help businesses understand not just the how but the why behind consumer payment choices while offering the payments industry a clear roadmap for establishing alternativepaymentmethods (APMs) as trusted, long-term options alongside cash and cards.
Our investment in the region underscores our dedication to supporting both our merchants and our highly engaged eWallet users, ensuring they have access to the payment options that best suit their needs.”
This investment reflects PayU GPO’s broader strategy to drive financial inclusion and modernise the continent’s payment infrastructure, while responding to rapidly shifting consumer preferences. The expansion comes at a time when alternativepaymentmethods are on the rise across the region.
Checkout.com , the global digitalpayments solutions provider, is partnering with Tabby, the Saudi-based financial services provider, to offer flexible payment solutions to merchants in the Middle East.
Open banking usage matches availability trajectory: 74% adoption with 24% frequent usage suggests steady growth without the adoption-usage disconnect seen in other methods. Open banking payments reveal growing but cautious interest, with 26% already operational and 23% planning implementation, though 32% remain in the evaluation phase.
The move gives Canadian merchants access to Checkout.com’s full payments stack, including local processing, card and alternativepaymentmethods, and enhanced control over transaction data. The company says this will help improve performance on key metrics like authorisation rates and checkout conversion.
Checkout.com , a leading global digitalpayments solutions provider, has partnered with Tabby , the financial services and shopping app, to offer flexible and high-performing payment solutions to merchants in the UAE and Saudi Arabia.
dLocal , the leading cross-border payment platform specializing in emerging markets, today announced its partnership with Juspay , a leading payments orchestration and infrastructure provider powering global enterprises and banks.
Over a quarter (28 per cent) of merchants’ in-person point of sale (POS) systems cannot support alternativepaymentmethods like digital wallets and QR codes, according to a new study by digitalpayments and infrastructure orchestrator Tribe Payments.
1 Like 0 03 July 2025 Be the first to comment Nikunj Gundaniya Product manager Digipay.guru Location Ahmedabad Followers 12 Opinions 67 Follow Unfollow Your customers expect quick, secure, and smooth digitalpayments. If you fail to meet that expectation, they’ll look for other options. That’s where wallet solutions come in.
Since its launch, Pix has become a widely adopted paymentmethod in Brazil, with over 173 million registrations and more than 155 million people using it to make payments online and in physical stores via mobile phones. This achievement marks a significant milestone in the expansion of digitalpayment solutions.
Exactly.com , a payment provider for SMEs and micro businesses, has enhanced its offering by integrating Bizum—a leading Spanish alternativepaymentmethod. Bizum has emerged as a well-established mobile payment solution in Spain, offering instant transfers directly between bank accounts via users’ mobile numbers.
A new study from Tribe Payments , the pioneering digitalpayments and infrastructure orchestrator which specialises in issuer and acquirer processing, has revealed that 28% of merchants’ legacy in-person point of sale (POS) systems cannot support alternativepaymentmethods like digital wallets and QR codes.
Fiserv has acquired Australia-based PayFac Pinch Payments to strengthen its digitalpayments offerings and expand its merchant reach across the Asia Pacific region. This shift is being driven by the rise of open banking and a push for lower-cost, real-time payment options. Terms of the deal were not disclosed. .
To address this growing market, EBANX’s global e-commerce merchants can now easily offer recurring payments to their Indian customers through an alternativepaymentmethod (APM) like UPI, tapping into a massive, tech-savvy audience eager for global digital services and seamless, digitalpayment options.
In terms of payment-specific issues, security and fraud is cited as the top issue (40%), while over a third (34%) of businesses are concerned about keeping up with payment innovation and 33% worry about chargebacks.
Providing localized payment options is an important part of improving convenience for customers, and we are always looking for ways to optimize our payment processes to meet the needs of different markets.
The emergence of digitalpayments hasnt completely stifled cash-based payments, and they still account for 16% of all transactions. We recommend cash payments for very small businesses because of the significant processing fees imposed on other alternativepaymentmethods, especially card payments.
Finding the right payment gateway for your business in 2025 is a critical step toward ensuring seamless online transactions, boosting customer satisfaction, and securing your revenue streams. Without proper training and the support of a reliable payment service provider, the risk of errors can increase.
Leading Greater China jeweller Chow Sang Sang has selected Nuvei’s global payments platform to support its international expansion, beginning in North America. This partnership in digitalpayments facilitates seamless experiences tailored to premium retail customers.
Stablecoins are digital assets designed to maintain a fixed value, often pegged to the USD. This is a move that could allow them to bypass traditional card networks and reduce transaction fees. Source: Link Free Headlines in your E-mail Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Through this move, AstroPay got integrated with BR-DGE’s platform, making it available as an APM for the latter’s merchant customers across several sectors, including ecommerce, travel, gaming, and digital goods.
.” Founded in 2021, NomuPay offers state-of-the-art, unified payment solutions to help businesses scale in high-growth regions in Europe, Asia, and the Middle East. The company’s uP Platform offers high-penetration alternativepaymentmethods; real-time payout disbursements; and compliant, end-to-end marketplace funds management.
However, with regulatory changes such as Brexit and growing competition from alternativepaymentmethods, the rise of Google Pay, Apple Pay, and local solutions is steadily taking market share from traditional networks. At Exactly.com, our goal is to help UK businesses scale smoothly without scaling the costs.
Subscriptions remain a vital component of the digitalpayments world – but they need continuous support. Priya Lakshminarayanan, CPO of Recurly Also announced at Recurly’s flagship event, the firm released its new plug-and-play payments functionality designed to streamline global scale and conversion.
And thats why in today’s blog post, let’s look at the top neobanking features you must offer in 2025 to lead the digitalpayment software. Intuitive, all-in-one digital banking experience Your customers don’t want multiple apps or scattered dashboards. Let’s dive right in. They want one smooth journey.
Physical wallets are phasing out, left behind in favor of digital wallets and other digitalpayment options. All you need to use a digital wallet is a smartphone. There’s no question that cashless payment systems and digitalpayment adoption have accelerated over the last few years.
Collaboration Sebastián Fantini, product director at EBANX, said: “We are excited to integrate Botón Bancolombia into our diverse payments portfolio. EBANX’s global merchants will be able to tap into one of Colombia’s main alternativepaymentmethods while providing a more seamless payment experience to Colombian customers.
FOMO Pay, which already supports over 25 digitalpaymentmethods, will integrate Visa’s QR code into the SGQR network, allowing businesses to accept a wider range of payments. To assist SMEs in adopting digitalpayments, FOMO Pay has launched a fully digital onboarding process available through its official website.
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