Payment Method Types

Overview

Introduction

Our payment processing platform offers a comprehensive suite of payment methods to help your business reach customers across different regions, preferences, and financial circumstances. This overview covers the three primary payment categories: Bank Transfers, Card Payments, and Cash Payments.

Bank Transfers

Bank transfers enable direct movement of funds from a customer's bank account to your merchant account, offering a secure and cost-effective payment option.

Card Payments

Card payments remain the most widely used online payment method globally, offering convenience and immediate transaction processing.

Cash Payments

Cash payment solutions bridge the gap between online commerce and physical currency, making your products accessible to unbanked and underbanked customers.

Integration Approach

Our unified API allows you to implement multiple payment methods through a single integration:

Consistent Endpoints: All payment methods use the same API structure with method-specific parameters
Centralized Reporting: View transactions across all payment methods in one dashboard
Unified Settlement: Receive funds from all payment methods to the same merchant account
Flexible Configuration: Easily enable or disable payment methods by region or business need

The PayRetailers Implementation allows you to:

Offer Relevant Options: Payment methods are displayed based on customer location and purchase amount
Test All Flows: Our Sandbox allows you to validate the customer experience for each available payment type
Monitor Performance: Track conversion rates by payment method to optimize your checkout