Alternative payment methods explained | emerchantpay

Alternative payment methods (sometimes known as local payment methods or APM's) can be categorised as any form of payment which isn’t cash or a major credit or debit card scheme.
Consumers' payment habits are changing and they no longer want to be restricted by traditional payment methods. It is vital to have a payment partner that will accept local and international payments seamlessly.
In this video, we explain everything you need to know about local/alternative payment methods.
0:00 Local payment methods overview
0:33 6 most used payment methods
0:37 Bank transfers
0:59 Direct debit
1:19 Digital wallets
2:13 Local card brands
2:40 Cash vouchers
3:04 Buy now pay later
3:21 How APM's help increase brand loyalty
3:45 Accept local and cross-border payments with emerchantpay
In our latest blog article, we dig even deeper into the six most popular alternative payment methods and how they can increase brand loyalty and repeat sales: www.emerchantpay.com/insights...
#paymentmethods #payments #mobilepayments #apms #alternativepaymentmethod
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