Advertising alternative payment options pay for a consumer's goods or services if they opt in to a marketing program.
The basic forms of cash alternative payments (i.e. escrow, paper checks, stored value accounts and money order) have been around for years but in the eCommerce world they have had limited success.
Alternative payment solutions are payment methods merchants can offer to their consumers that don't require the use of one of the major credit card associations.
Credit Terms Payment Alternatives are services that extend credit to individuals to make purchases online.
Includes ACH, Direct Debit, electronic check, Elektronisches Lastschriftverfahren, meaning "Electronic Debit Procedure", and bank transfer services.
An invoice or bill is a commercial document issued by a seller to the buyer, indicating the products, quantities and agreed upon prices between the parties.
Instead of paying with cash, check or credit cards, a consumer can use a mobile phone to pay for a wide range of services and digital or hard goods.
Aggregators allow merchants to accept credit card and bank transfers without having to setup a merchant account with a bank or card association.
We can describe the money flow process for credit card transactions by looking at when money changes hands across parties (Player View) or by looking at each stage in the process for every credit card sale (Step View).