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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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ACI Worldwide Survey Shows Nearly 40% of Taxpayers Will Use Refunds for Debt Relief

Fintech Finance

This year’s survey also highlights an uptick in digital payment methods, 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.,

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Aevi and Paydock join forces to revolutionise omni-channel payment orchestration

The Payments Association

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.

ISVS 88
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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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Merchant survey 2025: Navigating the payment innovation divide

The Payments Association

The digital wallet landscape shows PayPal maintaining a robust market presence, with 91% merchant adoption, though only 35% experience frequent customer usage. Open banking usage matches availability trajectory: 74% adoption with 24% frequent usage suggests steady growth without the adoption-usage disconnect seen in other methods.

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Checkout.com Launches in Canada, Expands North American Presence

The Fintech Times

The move gives Canadian merchants access to Checkout.com’s full payments stack, including local processing, card and alternative payment methods, and enhanced control over transaction data. The company says this will help improve performance on key metrics like authorisation rates and checkout conversion.

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The Top Payment Methods For Small Businesses

Stax

The emergence of digital payments 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 alternative payment methods, especially card payments.