Alternative payments
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Alternative payments
Connect alternative payment methods to boost your checkout conversion

pmt_alp_1.0

Glossary
Alternative Payment Methods (APM) refer to non-traditional forms of payment beyond credit and debit cards, providing customers with diverse options for completing transactions. These methods vary globally and include digital wallets, bank transfers, mobile payments, and others.
Alternative payment methods
(APMs) have transformed the financial landscape, offering customers more effective, convenient, and cost-efficient pay than traditional methods. Businesses continuously incorporate these diverse payment alternatives to meet evolving customer needs and maintain a competitive edge in the market.

By integrating popular APMs, Solidgate API helps merchants meet diverse customer preferences, adapt to regional payment trends, and improve their payment processes.

By understanding APMs and their specifics, you can offer customers easy and smooth payment experiences. Learn about alternative payment solutions and how they can help reach customers globally, improve operations, and meet various customer needs in different markets.
Effective APM management ensures you get the most out of alternative payment methods. Solidgate platform offers features to process payments efficiently, handle subscriptions automatically, track transactions in real-time, and receive instant updates on payment statuses.
Payment lifecycle with APMs ensures seamless processing by tracking orders and transactions and using key webhooks, such as refunds and chargebacks, in real-time. APMs also support multiple currencies and increase approval rates by collecting important country-specific customer data to ensure compliance and transaction success.

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