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Which payment methods are important in growth markets?

Get informed about the most essential global and local payment methods around the world

Experienced online merchants know that offering the right payment methods in the right places is one of the most important keys to success when it comes to global business expansion.

 

The growth of e-commerce has created new and easier opportunities for businesses to enter new markets.  But there are still many important aspects of localization for merchants to consider, even when selling online.

 

And while factors like language and product specifications are often more obvious priorities, merchants must pay attention to the entire customer journey up to the point of checkout and beyond. The selection of online payment methods merchants offer can have a big influence on customer decision-making at checkout – and could be the difference between an abandoned cart and a successful conversion. At the same time, offering a wide variety of reliable global and local payment method options is one way that merchants can avoid misplaced fraud triggers and prevent declined payments.

 

Still, many of the most popular payment method preferences in local markets can often seem obscure and unknown to cross-border merchants. For merchants that aspire to sell globally, understanding payment choices in prospective markets is therefore a critical component to market research and preparation for international expansion.

 

What are some of the key payment methods in growth markets around the world?  Browse our new Payment Methods Encyclopedia below – and learn more about some of the most important ways that global customers like to pay for e-commerce goods and services.

Explore payment methods

Click on the cards to visit the dedicated page for each payment method. New payment methods are added regularly.
apple pay

Apple Pay

A digital wallet solution for customers globally.

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mastercard

MasterCard

Mastercard is one of the world’s leading global payment technology companies.

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visa

Visa

Visa is a global financial services corporation.

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amex

American Express

A global credit card solution.

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ING Bank infographic PayU payment methods encyclopedia

ING

Easy bank transfers for customers in Poland.

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Unicredit infographic PayU payment methods encyclopedia

UniCredit

Instant bank transfer payment method popular in the Czech Republic and CEE.

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Pay later with PayPo main

Pay Later with PayPo

flexible payment solution in Poland.

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Postal Form main

Postal Form

A convenient payment solution in the Czech Republic.

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Pay later with Twisto main

Pay Later with Twisto

A seamless solution for Polish consumers.

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SEPA main

SEPA Direct Debit

A global payment solution for seamless transactions.

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Star Card Installments main

Star Card Installments

Interest-free installments with Transylvania Bank’s Star Card.

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Platba Online main

Platba Online

A convenient bank transfer payment method.

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Pay later with Klarna main

Pay later with Klarna

A convenient payment solution for Polish consumers.

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Optimo Installemts main

Optimo installments

A flexible payment solution with credit europe bank.

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Pay by USSD main

Pay by USSD

A seamless bank payment solution.

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mBank Collect main

mBank Collect

A convenient wire transfer payment solution in Poland.

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Moneta main

Moneta

A Simple Bank Transfer Payment solution in the Czech Republic.

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MoreTyme main

MoreTyme

A buy now, pay later payment solution from TymeBank.

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mtransfer main

mTransfer

Simplifying online payments in the Polish market.

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MyBank main

MyBank

A European banking overlay payment solution.

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bonus card main

Garanti Bonus Card Installments

Interest-free installment payments in Romania.

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instant account transfer main

Instant Account Transfer

Flexible bank transfers for Nigerian payments.

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inteligo main

Inteligo

Simplified bank transfers for Polish online payments.

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IPKO main

IPKO

A convenient bank transfer payment method for Polish online transactions.

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BPN Paribas

BNP Paribas

A Streamlined Bank Transfer Payment Solution.

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BRD Installments

BRD Installments

Interest-Free Payment Method.

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BT

BT24 – Internet Banking BT

Online Banking Solution from Banca Transilvania.

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ePlatby VÚB

ePlatby VÚB

Bank Transfer Payment Solution.

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Card Avantaj

Card Avantaj Installments

Interest-Free Payment Option.

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Banki Spoldzielcze main

Banki Spółdzielcze

A convenient bank transfer payment solution.

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Alpha Installments main

Alpha Installments

Flexible payment solutions with Alpha Bank credit cards.

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Bank Nowy main

Bank Nowy

A versatile bank transfer payment solution.

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Airtel main

Airtel Money

A mobile banking solution in Kenya’s digital payment landscape.

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Bank Pocztowy main

Bank Pocztowy

A reliable bank transfer payment solution.

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BCA KlikPay

BCA KlikPay

BCA KlikPay is a simple and trusted online payment method.

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CardFinans

CardFinans

CardFinans is empowering Turkish transactions with convenient installment options.

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SporoPay

SporoPay

SporoPay is revolutionizing bank transfer payments in Slovakia.

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Diners

Diners

Diners is redefining digital payments across continents.

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PlusBank

Plus Bank

Plus Bank is a Polish payment method revolutionizing the digital payment landscape.

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SelfPay

SelfPay

SelfPay is simplifying cash payments with convenient self-service solutions.

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TatraPay

TatraPay

TatraPay is a convenient bank transfer payment method in Slovakia.

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Tigopesa

Tigopesa

Tigopesa is revolutionizing digital payments with mobile banking.

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Verve

Verve

Verve is comprehensive payment card products and solutions in Nigeria.

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AirPlus

AirPlus

AirPlus is a corporate card designed to simplify travel expenses.

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fasta

FASTA

FASTA is an instant credit access empowering online purchases in South Africa.

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M-Pesa

M-Pesa

M-Pesa is a mobile banking service.

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MasterCard Debit

MasterCard Debit

MasterCard Debit is a global currency of choice.

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MTN Mobile

MTN Mobile

MTN Mobile is a fast, simple, and affordable way of transferring money in Uganda.

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NETS

NETS

NETS is the leading online payment gateway in Singapore.

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Pekao

Pekao

Pekao is transforming the polish payment landscape.

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Sofort Banking

Sofort Banking

Sofort Banking is an instant online bank transfer metho.

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trustly

Trustly

Trustly is an integrator offering the most popular online banking method.

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Visa Debit

Visa Debit

Visa Debit is navigating the global landscape of digital payments.

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BOŚ Bank

BOŚ Bank

BOŚ Bank is a payment method that facilitates bank transfers.

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Carte Bancaire

Carte Bancaire

Carte Bancaire is the leading online payment card in France.

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Ceska Sporitelna

Ceska Sporitelna

Ceska Sporitelna is navigating digital payments in the Czech Market.

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UATP

UATP

UATP is navigating global payments in the digital landscape.

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GiroPay

GiroPay

GiroPay is a german instant online bank transfer system, based on online banking.

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Isracard

Isracard

Isracard is pioneering digital payments in the Israeli market.

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MTN MoMo

MTN MoMo

MTN MoMo is revolutionizing mobile money services in the Ghanaian market.

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Noble Bank

Noble Bank

Noble Bank is a Polish payment solution in the digital landscape.

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SPEI

SPEI

SPEI is a payment solution Enabling customers to conduct wire transfers.

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MasterPass

MasterPass

MasterPass is an internationally branded e-wallet.

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CartaSi

CartaSi

CartaSi is a MasterCard or Visa co-branded credit card.

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Equitel

Equitel

Equitel is a mobile banking service.

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Scan to Pay

Scan to Pay is revolutionizing Nigerian digital payments.

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Konbini

Konbini

Konbini is transforming Japanese digital payments.

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Blik

Blik

Blik is a payment method based on one-time code generated in mobile app.

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eBucks

eBucks

eBucks is transforming digital payments in South Africa.

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AliorBank

AliorBank

AliorBank is a transfer payment method.

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Visa Electron

Visa Electron

Visa Electron is a debit card product that uses the Visa payment system.

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Mobicred

Mobicred

Mobicred is simple and convenient credit facility.

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Carte Bleue

Carte Bleue

Carte Bleue is the most widely used payment card in France.

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Multibanco

Multibanco

Multibanco is a bank transfer payment solution in Portugal.

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Dankort

Dankort

Dankort is the national debit card powering Danish digital transactions.

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Paraf

Paraf

Paraf is empowering Turkish transactions with installments.

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Nest bank

Nest Bank

Nest Bank is a bank transfer payment method in Poland.

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Discover Miles

Discovery Miles

Discovery Miles is guiding the landscape of South African e-commerce.

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Bancontact

Bancontact

Bancontact is the most important payment scheme for the Belgian market.

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BKM Express

BKM Express

BKM Express is an empowering digital payments in Turkey.

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Cordobesa

Cordobesa

Cordobesa is an argentine payment solution for the digital age.

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GrabPay

GrabPay

GrabPay is a mobile wallet in South Asia.

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Rabbit Line Pay

Rabbit Line Pay

Rabbit Line Pay is revolutionizing digital payments in Thailand.

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TrustPay

TrustPay

TrustPay is an instant online bank transfer.

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viamo

Viamo

Viamo is a bank transfer payment method.

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Vodafone Cash

Vodafone Cash

Vodafone Cash is pioneering digital payments in Ghana.

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unionpay

UnionPay

UnionPay is empowering global e-commerce and digital payments.

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RCS

RCS

RCS is revolutionizing African e-commerce with innovative payment solutions.

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OVO

OVO

OVO is transforming Indonesian e-commerce with digital payment.

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Provincia Net

Provincia Net

Provincia Net is empowering Argentinian e-commerce with a seamless payment solution.

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komercni banka

Komercni Banka

Komercni Banka is simplifying Czech e-commerce with bank transfer payment.

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EFT

EFT

EFT is empowering Kenyan e-commerce with seamless online payments.

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cobro express

Cobro Express

Cobro Express is empowering Argentine e-commerce with local billing services.

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Amazon Pay

Amazon Pay

Amazon Pay is an online payment platform that ensures speedy and secure checkout.

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Alipay

Alipay

Alipay is a pioneering global e-commerce through mobile payment excellence.

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CMR Falabella

CMR Falabella is a credit card co-branded with MasterCard.

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Samba

Samba

Samba is a card-scheme issuing a charge card.

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Maximum

Maximum

Maximum is a regional card that enables installment-based transactions.

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Bonus

Bonus

Bonus is a local card supporting transactions with installments.

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Advantage

Advantage

Advantage is a regional card facilitating installment-based transactions.

Advantage
Nequi info

Nequi

Nequi is a digital wallet and financial platform.

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capitec pay

Capitec Pay

Capitec Pay is a mobile payment service provided by one of the major retail banks in South Africa….

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click to pay

Click to Pay

Click to Pay is an online payment technology developed by major card networks.

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payshap

PayShap

PayShap is an easy and convenient way to send and receive money through a mobile application.

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WeChat

WeChat

WeChat Pay is a digital e-wallet function for seamless mobile payments through the app.

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world

World

World is a local card supporting transactions with installments.

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bsmart

bsmart

Bsmart is a local card-scheme that gives you cash back for purchases at certain retailers.

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Fio Banka infographic PayU payment methods encyclopedia

Fio Banka

Fio Banka is a go-to option for customers paying via online bank transfer in the Czech Republic.

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UPT infographic PayU payment methods encyclopedia

Universal Payment Transfer (UPT)

UPT is Turkey’s first national global money transfer platform.

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Getin Bank infographic PayU payment methods encyclopedia

Getin Bank

Getin Bank is one of Poland’s leading options for payment via direct online bank transfer.

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Farmacias del Ahorro infographic PayU payment methods encyclopedia

Farmacias del Ahorro

Cash-based alternative payment method administered through a network of Mexican pharmacies.

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CSOB infographic PayU payment methods encyclopedia

CSOB

Leading Czech bank offering pre-filled direct bank transfer form as an online payment method.

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Oxxo infographic PayU payment methods encyclopedia

Oxxo

Mexican convenient store offering the country’s leading cash-based alternative payment method.

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mBank infographic PayU payment methods encyclopedia

mBank

Poland’s first fully online bank is also a popular payment method for e-commerce orders.

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Payflex infographic PayU payment methods encyclopedia

Payflex

Leading Buy Now, Pay Later (BNPL) payment method available in South Africa.

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Paysafecard infographic PayU payment methods encyclopedia

Paysafecard

Prepaid voucher-based payment method that can be purchased offline.

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Maestro infographic PayU payment methods encyclopedia

Maestro

One of the world’s most popular debit cards, used in over 90 countries.

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JAL card infographic PayU payment methods encyclopedia

JAL Card

Popular local credit card issued in Japan through Japan Airlines.

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Credit Agricole infographic PayU payment methods encyclopedia

Credit Agricole

Bank transfer payment method available via pay-by-link in Poland.

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JCB infographic PayU payment methods encyclopedia

JCB

JCB is a credit card from Japan used by over 130 million customers in 23 countries.

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7-eleven infographic PayU payment methods encyclopedia

7-Eleven

Cash payment methods in 7-Eleven branches.

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Troy

Troy

Easy card payments for customers in Turkey

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millennium

Millennium

Easy bank transfers for customers in Poland

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