Alternative Payments news and trends

Alternative Payments Adds Collections Support for B2B Payments
B2B Payments // December 18, 2023

Alternative Payments has launched a product designed to improve the accounts receivable (AR) collections process for services companies.  The new Collections Assist product joins the company’s B2B payments and checkout infrastructure offerings, Alternative Payments said in a Monday (Dec. 18) press release.  What sets Alternative Payments apart is...

New CEO Sharpens Citcon’s ‘Laser Focus’ on Alternative Payment Methods 
Payment Methods // October 20, 2023

“There are so many payments companies out there today,” Casey Bullock, Citcon’s new CEO, told PYMNTS’ Karen Webster.   “And many of them try to do too much. They try to do end-to-end payouts or end-to-end issuance,” he added. No single firm can be all things...

PYMNTS Intelligence: Benefits Abound for Merchants Undertaking Payments Modernization
Payments Innovation // April 11, 2023

As physical locations closed or access to them became otherwise restricted during the pandemic, companies had to pivot to digital channels to survive. Even stores that remained open had to evolve. With health concerns swirling, for example, the use of contactless payment options took off....

PYMNTS Intelligence: Enabling Local Payment Methods via Payments Orchestration
Payments Innovation // February 28, 2023

Local and alternative payment methods — including digital wallets; online bank transfers; buy now, pay later (BNPL); and direct debit — are the most common means for consumers to buy goods online. Shoppers in Europe, for example, spend more than $388 billion online annually using...

Interviews & Exclusives
Alternative Payment Methods Help Build-A-Bear Workshop Adjust to New Consumer Spend Trends

June 04, 2024
The very nature of commerce itself is changing. We’re no longer doing everything online, and the post-pandemic economy demands that a broad — and growing — range of payments options be on offer, no matter where consumers are shopping. The payments modalities and data analytics on the payments consumers prefer to use are especially critical […]

New CEO Sharpens Citcon’s ‘Laser Focus’ on Alternative Payment Methods 

October 20, 2023
“There are so many payments companies out there today,” Casey Bullock, Citcon’s new CEO, told PYMNTS’ Karen Webster.   “And many of them try to do too much. They try to...

Offering Local Payments Is Merchants’ First Step Toward Expanding Overseas

February 24, 2023
Merchants are expanding their operations abroad on a grand scale, taking advantage of the eCommerce boom to market in new regions and demographics. While industry giants such as Alibaba and...

Retailers Say BNPL Boosts Sales, Consumers Say It Keeps Them Coming Back

November 23, 2022
Buy now, pay later (BNPL) has quickly grown in popularity among consumers. PYMNTS research found that in the past year, 50 million consumers across the United States have leveraged this...

Quick Reads
Alternative Payments Adds Collections Support for B2B Payments

December 18, 2023
Alternative Payments has launched a product designed to improve the accounts receivable (AR) collections process for services companies.  The new Collections Assist product joins the company’s B2B payments and checkout infrastructure offerings, Alternative Payments said in a Monday (Dec. 18) press release.  What sets Alternative Payments apart is its unique approach of embedding collections support within its product, […]

How MFA Helps Retailers Fight Fraud

May 05, 2022
eCommerce fraud is a fast-growing problem, with scammers working every day to steal customers’ data, corporate funds, and consumer goods on a daily basis. One recent study showed that more...

US Bank Expands ExtendPay, Its BNPL Card Payments Program

April 07, 2022
U.S. Bank is expanding ExtendPay, the buy now, pay later (BNPL) program it launched a year ago. The Minneapolis bank stated in a news release that the program lets buyers...

Affirm Powers POS Credit On Shopify

July 22, 2020
With the buy now, pay later (BNPL) movement on the rise, Affirm will be working with Shopify so its U.S. merchants can offer a BNPL payment option to their customers, the...