Alternative Payments
Alternative payments are a payment method used as a substitute for credit card payments. There are a lot of payment options that customers trust more than credit cards. UAB Alternative Payments is a global financial services organization that assists e-Commerce businesses in the world. It is regulated by the Bank of Lithuania.
Top Alternative Payments Alternatives
- PayPal
- Square
- Stripe
- Decta
- Limonetik
- Direct Pay Online
- Clearly Payments
- Beanstream
- NETbilling
- MercuryPay
- Dwolla
- PsiGate
- RippleNet
- Supreme Checkout
- CCNow
Top Alternative Payments Alternatives and Overview
PayPal
PayPal provides various payment services that allow you to buy online, send money, or set up a merchant account to sell your products online.
Square
Square provides a credit card processing service, with various business solutions.
Stripe
Stripe allows you to accept web and mobile payments, with well-designed and optimized checkout for any device.
Decta
Decta is a company that works globally and provides services in the field of online payment processing, card acquiring, etc.
Beanstream
It provides various services, including eCommerce, mobile payments, Beanstream mobile, virtual terminal, recurring billing, batch...
NETbilling
There are various services available: credit card processing, ACH/check processing, call center services, and merchant...
Dwolla
It features simplified payment, integrated custom payment solutions, real-time bank transfers, mass pay, recurring payments...
PsiGate
It features payment gateway, virtual terminal, recurring billing, mobile swipe, merchant tools, fraud tools, Canadian...
RippleNet
It offers very advanced and efficient blockchain technology to make global payments...
Supreme Checkout
Supreme Checkout is the combination of the latest technologies, innovations, and experiences that make the...
CCNow
It features hosted shopping cart, open-source shopping cart, email invoicing, auction payment services, DVD fulfillment...
Alternative Payments Review and Overview
In this era of digitalization, cashless payment is encouraged. Paytm, Google Pay, Phone Pay, etc. are some of the companies promoting cashless transactions. But here comes in the risk of data stealing. Potential systems are hacked, financial information, mostly credit and debit card details, of the customers, is misused by imposters for monetary gains or identity stealing. Thus, alternative payments have become a necessity. Merchants seeking to grow their business provide more choices of payments to customers like mobile payments, e-wallets, bank transfers, and prepaid cards.
Why UAB Alternative Payments?
UAB Alternative Payments is a licensed payment institution which carries out payment services. It has a large network extending over the European Union, Canada, Latin America, Asia Pacific, etc. Most of their products are first to be introduced in the online payment market. It helps boost e-Commerce business by meeting the needs of the customers. There are a lot of clients all over the world who trust UAB Alternative Payment and are happy with their services like mobile shop, Couchsurfing, Shutterstock, etc.
Importance of Alternative Payments
A lot of customers across the world have and use credit cards. However, with the increase in cybercrime, people hesitate to share credit card details. Therefore it is necessary to provide alternative payment methods. Especially the ones they are comfortable with, to retain them. It gives consumers more options to pay. Adding alternative payment methods attracts a larger audience as these days, people refrain from paying through cards. Payment via online banking is gaining recognition as one does not need to enter card details and the payment is directly made from the bank account of the user. Moreover, banks ensure security during such a transaction, asking for confirmation, sending a one-time password.
Mobile wallets
A lot of companies are providing virtual wallets knowns as mobile wallets. Paytm, Apple, Amazon provide e-wallets. The payment information is stored digitally. With password authentication, the user can make transactions. It is the most convenient way of payment since your bank account is linked.
Company Information
Company Name: Alternative Payments
Founded in: 1999