2 What exactly are alternative payment? Generally, alternative payments refer to payment methods that are not credit or debit cards. The most common alternative payments methods are direct debit, bank transfer, e-wallets, phone and mobile payments, checks, money orders and even cash.
3 Why does businesses need alternative payment? Since countries and regions have their own preferred local payment methods, such as Netherlands and Germany, where cards have a much lower market share. It is of great importance to broaden your payment options to avoid missing a significant number of customers. Oceanpayment offers merchants hundreds of alternative payment options and services depending on parameters such as type of business, average transaction value and security issues. It strives to help you become first to market in a specific region and keep you on the cutting-edge of universal commerce.