Alternative Payment Methods - Expand Your Global Reach
Offer the Payment Options Your Customers Prefer
Consumers today expect fast, secure, and local payment methods. With MyauPay, you can integrate a wide range of alternative payment methods (APMs) to increase conversions, reduce cart abandonment, and cater to customers worldwide.
What Are Alternative Payment Methods?
APMs include any payment method outside of traditional credit and debit cards. These range from digital wallets and real-time bank transfers to buy now, pay later (BNPL) solutions. By offering APMs, businesses can boost sales in key markets, improve checkout experiences, and minimize fraud risks.
Why Offer Alternative Payment Methods?
- Higher Conversion Rates
Let customers pay with their preferred local methods. - Lower Transaction Fees
Avoid high card processing fees. - Increased Security
Many APMs offer **tokenized, bank-authenticated payments. - Global Expansion
Enter new markets where cards aren't the primary payment method. - Reduced Fraud & Chargebacks
Most APMs authenticate payments instantly, reducing disputes.
Popular Alternative Payment Methods
- Digital Wallets
Faster, More Secure Transactions
Enable one-tap payments with globally recognized wallets. - Apple Pay
Secure, tokenized payments via Face ID or Touch ID. - Google Pay
Fast, contactless payments linked to Google accounts. - Samsung Pay
NFC-based payments for Samsung users. - Bank Transfers & Open Banking
Direct, Secure Transactions
Reduce reliance on cards with instant bank-to-bank payments.- iDEAL*(Netherlands) - Real-time bank transfers via Dutch banks.
- Sofort (Germany, Austria) - Secure bank transfer payments.
- Volt (Global) - Open banking payments for real-time transactions.
- Faster Payments (UK) - Instant bank transfers with no delays.
- Buy Now, Pay Later (BNPL)*
Flexible Payment Options
Increase average order value with installment-based payments.- Klarna - Pay in 4 installments or later.
- Afterpay* - Interest-free split payments.
- Affirm - Longer-term financing for high-value purchases.
- QR Code & Mobile Payments
Seamless Offline & Online Checkout
Perfect for mobile-first markets and fast transactions.- WeChat Pay (China) - Embedded in China’s biggest super app.
- Alipay (China) - The most popular mobile wallet in China.
- BLIK (Poland) - Instant mobile payments using unique codes.
- UPI (India) - Bank-to-bank mobile payments used by millions.
How MyauPay Simplifies Alternative Payments
- One Integration, Multiple Methods - No need for multiple contracts or providers.
- Real-Time Payment Tracking - See transactions instantly in your MyauPay dashboard.
- Global Compliance & Security - Fully compliant with PSD2, PCI DSS, and other global regulations.
- Seamless Checkout Experience - Reduce drop-offs with a user-friendly interface.
Expand Your Payment Options & Grow Your Business
Offering alternative payment methods is no longer optional—it’s essential.
- Reach more customers.
- Reduce friction at checkout.
- Drive higher conversions and sales.
Start accepting APMs with MyauPay today!
This article is intended for general informational and educational purposes only and should not be interpreted as legal or tax advice. MyauPay makes no guarantees regarding the accuracy, completeness, adequacy, or timeliness of the information provided. For advice tailored to your specific circumstances, consult a qualified lawyer or accountant licensed to practice in your jurisdiction.
