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the world of online payments.

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WHAT YOU SHOULD KNOW ABOUT ONLINE PAYMENTS.

Learn more on how to accept payments online, how to combat fraud and chargebacks,
which online payment methods to accept and what to look for in a payment service provider.
And more. Much more.

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12 reasons why to accept credit card payments online

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About-Payments lists over 500 payment providers around the globe and more than 200 online payment methods and solutions.

Payment Providers

Providers


Navigate through over 300 Payment Providers around the world.

Use the Quick Filter to drill down and select the Payment Providers matching your business needs.

View their profile, see what online payment methods and shopping carts they support and what value-added services they could offer your business.

Compare Providers providers

There are over 28 Payment Service Providers active in the Netherlands.
By using our 'Quick Filter' you know who they are in just 3 seconds.

Payment Methods

Methods


Discover over 100 online and mobile payment methods and pick the ones that suit your business and audience.

Minimize cart abandonment and increase conversion rates by offering the right online payment methods.

Learn more about the preferred payment methods for the countries of your interest.

FIND YOUR METHOD methods

Nordics: 40% of the mobile shoppers do not complete their purchases because the website is not optimised for mobile interaction and checkout. One in three state that they have cancelled a purchase because the right payment option was missing.

Payment Markets


Understand the specifics and differences in online payment behaviour for several top ecommerce markets.

Learn more about the state of ecommerce and mobile commerce per country.
Discover their popular online payment methods.

PAYMENT PREFERENCES


Every country has its culture. Every country has its own online payment preferences. Why? Because people are different and country differ. The majority of Norwegian online shoppers prefer card payments. The vast majority of Dutch and Belgian buyers prefer to use an online banking payment method.

Consider country differences and seek the best online payment mix for your shoppers.

FIND THE BEST PAYMENT METHODS FOR YOUR VISITORS


'THE STATE OF MARKETS'


In some countries ecommerce is booming. Other markets are struggling to get online shopping started. There are lots of 'variables' that determine the State of Ecommerce. And these variables differ per country.

Country size, economy, wealth, disposable income, internet access rates, broadband and mobile penetration, infrastructure, logistics, legislation, consumer protection and trading laws, are only a few variables.

Bare in mind the different 'State of Ecommerce' countries are in to determine your online payment strategy and online payment mix.

View Markets to Build Your Strategy


MARKET CONDITIONS


Some countries are more protective than others. Some countries require physical presence to conduct online business. Some markets put restrictions on international trade, on card usage and transfering money cross-border.

Take into consideration local rules & regulations that require more investments and influence your chance of succes.


CHECK OUT THE REGULATIONS THAT COULD IMPACT YOUR BUSINESS STRATEGY


KNOW YOUR CURRENCIES


Merchants do need to take 'multi-currency'- accepting payments in more than one currency - into account when transacting cross-border.

Do you know China's home currency? and all of those in Europe? Ever considered to buy goods online that were not priced in your familiar currency? Do not underestimate the importance of providing trust and confidence to your shoppers when it comes to online spending, especially cross-border.

Note that multi-Currency transactions tend to be more expensive as foreign exchange rates and handling costs will be applied. Take it into account when expanding your business or determining your online strategy. Make sure your Payment Service Provider ánd Acquirer support your multi-currency cross-border ambition.

See what currencies you need to offer your audience


Typically Payment Providers use a Software as a service model (SaaS) and form a single technical gateway for their merchants to multiple payment methods.

Distributor


Distributing Payment Service Providers take over the technical burden for ecommerce merchants to accept payments. Distributors build and maintain the connection to many payment methods (cards and alternatives).

Your shop would only need to connect to one Distributor to be able to accept several payment methods. We consider Payment Gateways also to be Distributors, generally supporting only one or two payment types.

Distributors do not collect the funds related to different payment methods. Merchants are paid directly by the financial institution that process their card and alternative payments (=acquirer).

Especially for merchants offering only a few payment options or capable of handling their own reconciliation, Distributors can help.

Find Your Distributor read more

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Collector


Collecting Payment Service Providers make life easier for merchants by streamlining settlement for all accepted payment methods.

They combine all payments performed by card or alternative method into one settlement. You receive all payments in one batch to your bank account and get great reporting that simplifies payment reconciliation.

Without using a collector, merchants would receive separate settlements for every payment method they accept in their shop. Settlements for payment methods differ in frequency and delay. Managing the reconciliation (matching orders with received settlements) could be a time-consuming and costly process.

When it comes to negotiating transaction fees and contracting, the merchants remains in the driver seat. Collectors do not play a role in fee negotiation or contracting with merchant acquirers.

Especially for merchants offering lots of payment options to serve their (cross-border) audience, Collectors can help.

Find Your Collector read more

Collecting Providers based in Europe require a license as Payment Institute which ensures user-friendliness, safety, and efficiency of payments throughout the European Union.

Aggregator


Aggregating Payment Service Providers take over the technical burden for ecommerce merchants to accept payments, collect the funds for several payment methods and contract with the individual 'payment methods'.

The difference with Collectors is that Aggregators contract with the payment method company on behalf of multiple merchants. There is no need for merchants to negotiate transaction prices or contract with the financial institution that processes the payment method (the Acquirers).

The difference with Distributors is that Aggregators also collect funds, settle the merchant's bank account and negotiate the terms with the payment method company.

Especially for merchants offering only few payment options and prefer not to contract with payment method companies (financial institutions, banks), Aggregators can help.

Find Your Aggregator read more

THE WORLD OF ACQUIRERS


Acquirers are the 'Payment Method Companies'.
They are banks or financial institutions that represent one or more online payment methods (e.g MasterCard, Visa, Interac, iDeal).
About-Payments divides these Acquirers into two segments: card acquirers and alternative acquirers.
They actually process transactions and settle funds to merchants.

Payment Service Providers core function is to connect webshops to these Acquirers for transaction processing.

Acquirers differ in transaction fees, merchant discount rates, terms and conditions and value-added service.
Do not forget to check out our Marketplace, where you can compare Europe's best card acquirers who can help you to accept credit card payments online.

CARD ACQUIRERS


A Card Acquirer also known as a Merchant Acquirer or Acquiring Bank provides online Merchants with a merchant account to accept the major credit and debit card brands such as MasterCard, Visa, American Express, Diners Club, Discover, JCB and UnionPay.

These card brands have licensed the processing (authorization and settlement) of card payments out to Card Acquirers around the world. Each of these Card Acquirers operate in a specific region which can be domestically or cross-border. About-Payments provides a database of these Card Acquirers around the world.

The About-Payments Marketplace helps merchants to compare merchant acquirers and online credit card processing companies. Through our easy-to-use Marketplace, ecommerce merchants and online business are able to find the best credit card fees, processing features and acceptance conditions. The Marketplace service is free of charge to online merchants.

Find your Card Acquirer


ALTERNATIVE ACQUIRERS


Alternative Acquirers are Acquirers for other Payment Methods than cards. There are various Payment Methods around the world where the processing of the actual payments is handled by Acquiring parties.

For example iDEAL in The Netherlands where the participating banks act as the Acquirer and merchants need to have an agreement with one of these Acquirers to be able to accept iDEAL as an online payment method in their ecommerce shop.

Merchants can also use a Collecting or Aggregating Payment Provider which allows them to only contract the Payment Service Provider for the acceptance of the alternative payment method.

Find your Alternative Acquirer - coming soon


Norwegian online shoppers prefer card payments. Dutch shoppers prefer the alternative payment method iDeal, an online bank transfer.

CARD PAYMENTS


Cards could be seen as the 'key' to the consumers bank account, whether it is a deposit (debit), a loan (credit) or a stored value (prepaid). Cards can be used to 'unlock' and transfer the shoppers money to the online merchant.

The most common worldwide used and accepted credit and debit card brands are VISA, VISA Electron, VISA Debit, MasterCard, MasterCard Debit, Maestro, American Express, Diners Club International, Discover, JCB and UnionPay.

Next to these globally recognised card brands, there are also country or region-based card brands like Hipercard in Brazil, BC Card in South Korea, Dankort in Denmark and Carte Bleue in France.

VIEW ALL CARD PAYMENT METHODS card payments

ALTERNATIVE PAYMENTS


Alternative Payments have seen an uplift in the last years. Why? Some of them provide great ease of mind for both consumer and merchant.

Alternative Payments like online bank transfers and direct debits are often associated with low and fixed transaction costs, safe and secure transaction types, guaranteed payments and swift settlement.

Popular alternative payment method brands are iDeal (Online Bank Transfer, the Netherlands), Klarna (invoice, Sweden), ACH (Checks, United States) and Interac (Online Bank Transfer, Canada).

VIEW ALL ALTERNATIVE METHODSalternatives

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DIGITAL WALLET PAYMENTS


Digital Wallets or eWallets are the ones to watch. Digital Wallets are expected to gain global footprint rapidly if they have not already. They provide improved payment experience and simplify online and mobile checkout. Especially on mobile devices consumers appreciate an enhanced and swift payment experience.

These digital wallets should be seen as the virtual look-a-like of our physical wallet. These eWallets can contain (pre-registered) credit cards, debit cards, gift and loyalty cards and provide access to alternative payment methods like online bank transfers. Some eWallets allow the consumer to preload money into their wallets.

PayPal's Wallet is probably best known to many. MasterPass by MasterCard, V.me by Visa, QIWI wallet and Allied Wallet are digital wallet brands on the rise.

There are 2 types of Digital Wallets we need to distinguish (some of the Digital Wallet suppliers offer both types):


VIEW ALL DIGITAL WALLETS wallets

CARD PAYMENT TYPES


We subdivide card payments into credit card, debit card, prepaid card and gift & loyalty card payments. These 4 card payment types have different characteristics which justify separate classification.

They differ in terms of usage, scale, accceptance, regionality, security, costs, liabilities and more.

Are you a European merchant? Pleased check out our About-Payments Marketplace, where you can compare Europe's best card processors who can help you to accept credit card payments online.

There are around 600 million Maestro cards issued worldwide.
Maestro is the debit card brand of MasterCard.

ALTERNATIVE PAYMENT TYPES


We subdivide alternative payments into Online Banking, Direct Debits, Bank Transfers, Mobile Carrier Billings, Cash on Delivery and Pay-by-Invoice.

They differ in terms of usage, scale, accceptance, regionality, security, costs, liabilities and more.

Direct Carrier Billing is potentially the largest payment method in emerging markets!

DIGITAL WALLET PAYMENTS


Digital Wallets or eWallets are the ones to watch. Digital Wallets are expected to gain global footprint rapidly if they have not already. They provide improved payment experience and simplify online and mobile checkout. Especially on mobile devices consumers appreciate an enhanced and swift payment experience.

These digital wallets should be seen as the virtual look-a-like of our physical wallet. These eWallets can contain (pre-registered) credit cards, debit cards, gift and loyalty cards and provide access to alternative payment methods like online bank transfers. Some eWallets allow the consumer to preload money into their wallets.

PayPal's Wallet is probably best known to many. MasterPass by MasterCard, V.me by Visa, QIWI wallet and Allied Wallet are digital wallet brands on the rise.

There are 2 types of Digital Wallets we need to distinguish (some of the Digital Wallet suppliers offer both types):


Preloaded Digital Wallet

A Preloaded Digital Wallet is a wallet which is prepaid and has e-money preloaded to use as an alternative to cash. Users of the wallet have to fund the wallet before they can pay for an online transaction. They can add funds to the wallet via various ways of payment such as cards or alternative payment methods. The balance on the wallet is used to pay for online and mobile transactions.

This type of Digital Wallet is the traditional eWallet model.



Find Preloaded Digital Wallets


Pass-Through Digital Wallet

A Pass-Through Digital Wallet is where the eWallet authenticates the user, but the transaction is being settled on a linked payment system, such as a bank account, a credit, debit or prepaid card. The user of the Wallet is not using the funds stored in the Wallet but selects during the moment of payment one of the 'stored' payment methods to finalize the payment to the merchant.

Traditional Preloaded Digital Wallet brands have added this type to their offering allowing the user to choose between either two at the point of checkout. This is why you will find most of the Preloaded Wallet suppliers offering both types.

Find Pass-Through Digital Wallets


Bitcoin is a digital currency based on peer to peer technology that functions without an intermediate central authority.

BITCOIN - The Crypto Payment Method

You might have watched the noise and heard the word “Bitcoin” or “cryptocurrency” or “digital currency,”. Some will argue that it is the future of finance, others say it is a fad, but we regardless of the outcome, you should be aware of the movement. Bitcoin was first mentioned in a 2008 paper published under the pseudonym Satoshi Nakamoto and became operational beginning of 2009. In 2011 the value of one Bitcoin went from USD 0,30 to USD 32,- and back to USD 2,- again. Bitcoin began attracting media attention late 2012 and numerous news articles have been written about it since. We will try to summarize the highlights here.

So what is Bitcoin?

Bitcoin is a digital currency based on peer to peer technology that functions without an intermediate central authority. Bitcoins use cryptography to control and record transactions, and once validated, a transaction is recorded into a public ledger which is known as the Block Chain. These transactions are then sent to every peer on the network, which prevents double spending, and keeps all of the other peers "honest". The reason Bitcoin has garnered so much attention in recent months is two-fold: not only did it reach a record value of $256, then plummeted, surprising advocates of what was designed to be a self-stabilizing economy, and also becoming the focus of numerous federal investigations, uncovering black markets associated with the use of Bitcoin.


Why is Bitcoin so attractive?

Many people use bitcoins for many different reasons. During the 2012-2013 financial crises in Cyprus, where governments’ confiscated people’s bank accounts, Bitcoin activity surged, sending the price skyrocketing over 200% in the first few weeks of the crisis. The reason for this was that people wanted to protect what assets they had left, and by converting their money to bitcoins, they were able to keep and protect their assets from confiscation. Another reason Bitcoin is so attractive is because of the utility of it: Moving a large amount of money from point A to point B. Everyone knows that by doing this the traditional way via Western Union, Bank Transfer, or even PayPal, that this is expensive and can take days to clear. With bitcoins, the transfer fees are usually optional, and it doesn’t matter if you’re sending 1 Bitcoin or 10000 bitcoins, the transaction is the same. No paperwork, just open your wallet, paste the destination bitcoin address, fill out the amount you want, and hit send. Within a few hours or so (depending on the network at the time) your money has arrived at its destination.


How Bitcoins work

Once you have either installed a bitcoin client on your computer or mobile device, or signed up with an online wallet provider, you will be assigned a bitcoin address. This is the address you will use to send and receive bitcoins. The address will look something like this: 1CTQvkBaz1niAAtAM81KHQEKyQx8BnTKua. The good thing is you will not need to remember this, as long as you can copy and paste, you can process Bitcoin transactions. If you want to receive Bitcoins, the person paying you will need to know this address. Also, you can create and use a new Bitcoin address for every transaction if you wish.

When a bitcoin is sent through the network, from one person to another, the person enters the destination address, the amount, and decides if they want to pay the fee for faster processing. After clicking send, the transaction is sent to what is called the Block Chain, which is a shared public ledger of all bitcoin transactions. All confirmed bitcoin transactions are recorded in the blockchain. This allows for all bitcoin clients to properly calculate their existing balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography.


Mining

Bitcoins are created through a process called mining. Mining is intentionally designed to be resource- intensive and difficult so that the number of blocks found each day by miners remains steady. The primary purpose of mining is to allow Bitcoin nodes to reach a secure, tamper-resistant consensus. Mining is also the mechanism used to introduce Bitcoins into the system: Miners are paid transaction fees as well as a "subsidy" of newly created coins. This both serves the purpose of disseminating new coins in a decentralized manner as well as motivating people to provide security for the system. Bitcoin mining is called this way because it resembles the mining of other commodities: it requires exertion and it slowly makes new currency available at a rate that resembles the rate at which commodities like gold are mined from the ground.


Wallets

A Bitcoin wallet is exactly what it sounds like: a place for you to keep your Bitcoins. Wallets come in three flavors; a local wallet, which is installed locally on your computer or mobile device, an online wallet, which is maintained by a third-party, or a paper wallet, which is an offline form of a Bitcoin wallet, and the most secure.

There are several types of local Bitcoin wallets you can download and install locally on your PC. Online wallets are a convenient way to store your bitcoins without having to install any software. This makes it easy to access from anywhere and to spend or receive coins. One of the major draw-backs with an online wallet, is that your coins are hosted by a third-party. This means that if something happens to that site, either a technical problem, or the site is hacked, you do stand the possibility of losing the coins you have stored there. A paper wallet is a mechanism for storing Bitcoins offline as a physical document that can be secured like cash or anything else of real-world value. Paper wallets are generally created by printing a brand new public address and private key onto paper, and then sending bitcoins from a "live" wallet to the printed wallet's public address for safekeeping.


Exchanges & Providers

Bitcoins can be traded, bought and sold on Bitcoin exchanges. There are several exchanges out there, some of which allow you to trade against other crypto-currencies, but most of them just trade dollars and Bitcoins. Because Bitcoin is decentralized, exchanges will usually have varying prices between them, so having accounts at multiple exchanges can be profitable.

Also, more and more Providers are supporting Bitcoins and some are even specialized in Bitcoins only. Use the below button to find a Provider who can help you get Bitcoin supported as a Payment Method for your E-commerce activity.

Find Providers who support Bitcoin

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