Home
Company
Products
Industries
Investor Relations
Press
Career
ALTERNATIVE PAYMENT Methods and payment options
Through the worldwide offer of alternative payment methods, Wirecard allows its customers fast and cost-effective entry into new and existing (and constantly growing) e-commerce markets.
In contrast to credit cards, debit payments, and even online banking methods, alternative payment options like PayPal, Cash-Ticket and Paysafecard function primarily on a prepaid basis. For merchants this means maximum protection from payment defaults.
Alternative payment methods also appeal to consumers who cannot or are unwilling to use online payment methods or credit cards.
Alternative payment methods in a nutshell:
- No payment defaults with prepaid-based solutions (depends on payment method)
- Increase of conversion rates
- Lower costs for integration and processing
- Short-term development of new target groups and sales potential
- Expansion into new markets is simplified
- Higher customer trust
E-WALLETS
PayPal
Any company or private user worldwide can securely, comfortably and cost-effectively use PayPal to make payments, send money, and receive funds from other PayPal accounts over the Internet.
End customers appreciate this service because they do not have to provide the merchant with personal data or credit card information in order to make a payment. Due to its ease of use and extensive international presence through eBay, PayPal has become one of the most popular payment methods worldwide.
Moneta.ru (incl. Yandex)
Moneta.ru is one of the largest e-wallets in Russia and the Ukraine. End customers profit from the multitude of local payment methods that can be used to load the prepaid wallet.
As an alternative to traditional credit and debit card payments, Moneta.ru makes it possible to easily and cost-effectively tap into the Russian and Ukrainian markets.
VOUCHER
Boleto Bancario
Wirecard offers its customers one of Brazil's most popular alternative prepaid payment methods with Boleto Bancario. With the highest number of Internet users in Latin America, Brazil is a constantly growing market for online shop owners. With nearly 50% of the local e-commerce market, Boleto Bancario's voucher-based method offers access to new target groups in Brazil who do not possess a credit/debit card or who prefer to pay with cash.
Wirecard Facthseet Boleto Bancario
Cash Ticket
Cash-Ticket is an alternative prepaid-based payment method that allows end customers to pay without a credit card or even a bank account. Cash-Ticket practically functions like cash in 15 European countries. The end customer purchases a Cash-Ticket for any amount at one of 150,000 participating sales outlets and can then shop online until credit runs out.
Paysafecard
The paysafecard is an alternative prepaid-based payment method that allows end users to pay without a credit card or bank account. It is accepted worldwide in almost 30 countries. The end customer purchases a paysafecard for any amount at one of 300,000 sales outlets worldwide and can then make purchases online until credit runs out.
PAYMENT IN ADVANCE/ON INVOICE
Payment in Advance/Payment on Invoice
With payment in advance and payment on invoice, Wirecard provides its customers in Germany with popular traditional payment methods. With a bank transfer payment option, merchants attract customers who cannot or are unwilling to use online payment methods or credit cards. Such an option beneficially supplements a merchants existing payment methods by reducing aborted transactions and increasing conversion rates.
RATEPAY
RatePAY Installment Payment (Germany)
With RatePAY Installment Payments Wirecard offers it´s merchants an additional payment method in Germany to tap further sales potential – without any risk. Customers profit from flexible installment plans and start to pay the order amount with installments, after the goods have been delivered to him. The merchant receives the complete billing amount shortly after the order has been placed successfully.
Factsheet RatePAY Installment Payment
RatePAY Payment on Invoice (Germany)
Through RatePAY Payment on Invoice Wirecard offers his merchants an alternative payment method for Germany, without any risks. Merchants may offer this option on their payment page in addition to their existing payment portfolio, catering to those consumers that do not have access to online banking or credit cards, allowing them to pay with a simple bank transfer. Risk checks and the Processing of the payment are handled by RatePAY. Customers receive the ordered goods immediately and pay only after successful delivery. The merchant receives the billing amount also in case of payment loss.
Factsheet RatePAY Payment on Invoice
RatePAY Direct Debit (Germany)
Wirecard gives it´s merchants the possibility to offer RatePAY Direct Debit as an additional payment method on their websites, to easily debit the customer’s account with the billing amount. Thereby RatePAY takes over the complete handling and risk checks of the consumer, as well as debtor management and in case of payment default the remittance for collection. Therefore RatePAY direct debit offers the merchant an easy and secure payment method and guarantees a worriless payment acceptance on the internet.
Factsheet RatePAY Direct Debit
