Glossary

Local Payment Methods

Local Payment Method is a method of paying for goods using the most popular and convenient payment means for the customer.

Often, local payment methods replace cash and card payments. Each of these payments has its own specific regulations and terms of use. Moreover, the availability of local payment methods increases customer loyalty and boosts his presence on the market. So, by letting people pay in their preferred way, a merchant potentially increases his sales volumes!

So, there are different forms of local payment methods including e-wallets, bank cards, vouchers, and prepaid and pre-authorised cards.

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