ALTERNATIVE PAYMENT SOLUTIONS

ALTERNATIVE PAYMENT SOLUTIONS

WHAT ARE ALTERNATIVES?
Payment methods that are an alternative to Credit Cards.
Debit and Charge Cards Stored Value and Reloadable Cards Automated Clearing House (ACH) Direct Debit and Bank Transfers Bill Payment and Presentment Home Phone and Mobile Billing Checks and Money Orders Other Proprietary Systems

ALTERNATIVE PAYMENT SOLUTIONS

ALTERNATIVE FEATURES
Differences to consider
Method (pull funds or push funds) Type (real-time or delayed) Countries (multiple solutions, currencies, languages, support) Risk (chargebacks, guaranteed funds, refunds) Cost (low to high) Legal (blocked countries or opportunity)

ALTERNATIVE PAYMENT SOLUTIONS

WHY ALTERNATIVES?
World Region North America Latin America Europe Middle East Asia Africa Oceania
Worldwide Internet Usage Statistics

87% of Internet users are outside of the USA!!

Internet Users 272,066,000 215,939,400 476,213,935 68,553,666 922,329,554 118,609,620 21,293,830

% of Population 78.3% 36.2% 58.3% 31.7% 23.8% 11.4% 60.1%

Users Percentage 13.0% 10.3% 22.7% 3.3% 44.0% 5.7% 1.0%

ALTERNATIVE PAYMENT SOLUTIONS

WHY ALTERNATIVES?
Credit card penetration outside the USA < 10% Alternative payments are just as popular as credit card payments Not everybody has or wants to use a credit card online Consumers want more options They want to use their own familiar and convenient payment method

ALTERNATIVE PAYMENT SOLUTIONS

WHY ALTERNATIVES?
Removes language and currency barriers Increases conversion with non-US traffic Perfect solution if a credit card is declined Risk-free, guaranteed payment, alternative for high chargebacks and returns WorldWideWeb needs WorldWideSolutions

ALTERNATIVE PAYMENT SOLUTIONS

CONSUMER ADVANTAGES
Gives consumers more options to pay, no credit card needed Convenience, trust and familiarity Payment pages are in the consumer’s language Transactions are in the consumer’s own currency, regardless if merchant is foreign Includes domestic support numbers with native language support

ALTERNATIVE PAYMENT SOLUTIONS

MERCHANT ADVANTAGES
Provides merchants with additional methods to accept payments online from consumers worldwide Proven solutions that increase sales Less Risk - many alternative payments have no chargebacks and funds are guaranteed Perfect for shipping products without the fear of chargebacks

ALTERNATIVE PAYMENT SOLUTIONS

MERCHANT ADVANTAGES
Broadens the merchant’s reach and provides access to millions of new potential clients Competitive pricing and many solutions do not require reserves Funds are automatically converted into the merchant’s currency of choice Includes fraud scrubbing and supports all billing schemes, recurring, cascade, etc. Easy to implement and use

ALTERNATIVE PAYMENT SOLUTIONS

THE SALES PROCESS
The same process as with Credit Cards Same Target Market - Web-based Merchants Fill out Merchant App - Collect Info Underwriting - Restricted Merchants - High/Low Risk Rates - Similar to Credit Card Rates - Reserves - Fees - Payouts Add button to the Existing Payment Page

ALTERNATIVE PAYMENT SOLUTIONS

ALTERNATIVE PAYMENTS
Bank Transfer Payments * DirectPay EU * DirectPay US * GiroPay * iDEAL * YellowPay * PagosBancarios * EPS * Teleingreso
* = Chargeback & Reserve Free

Charge Card Solutions American Express Discover Card JCB Diners Club BC Card Pulse UnionPay

Prepaid & Hybrid Solutions * Przelewy24 * PagosBancarios * Teleingreso * Mail-in

Debit Solutions

EuroDebit (SEPA)

Online Check US (ACH)

Online Check US (CND)

ALTERNATIVE PAYMENT SOLUTIONS

SEPA
THE SINGLE EURO PAYMENTS AREA
Initiative to create a European Financial Infrastructure One Zone - 32 Countries One Currency- Euro € All Electronic Payments Considered Domestic No difference between domestic or cross-border payments Enables customers to make cashless euro payments to anyone located anywhere in the area using only a single bank account and a single set of payment instruments

SEPA CHANGES
EU DEBIT 3 Countries 107 million population DIRECT DEBIT 32 Countries 515 million population

Austria, Germany, and the Netherlands.

Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, and United Kingdom.

ALTERNATIVE PAYMENT SOLUTIONS

EUROPEAN BILLING
EU DEBIT
Being phased out over the next 3 years into Direct Debit. Can be offered at the same time as Direct Debit. Covers 3 countries: Austria, Germany and the Netherlands. 107 million population

DIRECT DEBIT
SEPA mandates banks to integrate.

(new)

DIRECTPAY EU
No changes. No changes. 36 countries***

Can be offered as an additional service to EU Debit. Covers 32 countries**

515 million population Requires IBAN & BIC/Swift Code. Requires signature with a mouse (included in the API). Pull - the system pulls (debits) the funds from the consumer’s bank account. Recurring possible Refunds Possible

590 million population

Requires account number and routing number.

Requires name and creation of a password.

Pull - the system pulls (debits) the funds from the consumer’s bank account. Recurring possible Refunds Possible

Push - the client initiates the transaction on their ebanking website. No recurring No Chargebacks No Reserves Guaranteed Funds

** Direct Debit: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, and United Kingdom. *** DirectPay EU: Andorra, Austria, Belgium, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Macedonia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Tunisia, Turkey, and United Kingdom.

ALTERNATIVE PAYMENT SOLUTIONS

ONE BUTTON
The Smart Button completes the buying process in a simple and intuitive format.
With 1-click a window opens up that displays all their local payment options that they instantly recognize, trust and are familiar with. Our Smart Button detects where the consumer is located via our GEO-IP technology and automatically displays their language, flag and currency symbol.
ONE CLICK

PB
IBAN

The smart button detects where the consumer is located.

Automatically the button is in their own language.

Instantly their national flag is displayed.

And their local currency symbol is shown.

DirectPay

The consumer then selects their preferred payment method and completes the transaction in their own language and currency.

ALTERNATIVE PAYMENT SOLUTIONS

EVERYTHING IS INCLUDED
One Button - One Click IP-Driven 40+ Languages Supported Multi-Currencies Customer Support Admin Pages, Sales Reports and Stats

ALTERNATIVE PAYMENT SOLUTIONS

MORE OPTIONS MEANS MORE SALES

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