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Take a closer look at the payment options of some of your favorite retailers and you will discover that they are using other payment options beyond Google Checkout and PayPal. Alternative payment options entice buyers who don’t have credit cards or who are wary about sharing their personal information online.

Bill Me Later

Consumers who want to extend their payment over a certain period of time, Bill Me Later ma be a good option because it allows consumer to pay on an installment basis. There are currently around 3 million consumers who are using this system and it is becoming increasingly popular today. Although only large retailers are using this system right now, this will soon change as more businessmen realize the potential of giving the consumer a “way to pay”.

Revolution Card

Revolution Card gives merchants a chance to give back to their customers because of its incredibly low processing fee. The 0.5% processing fee is certainly a far cry from the usual 2%-4% processing fee that consumers have to pay in the past; this in itself, is already an attractive enough benefit. And when you consider the fact that they also offer privacy protection by asking consumers for their PIN for every transaction, anyone will inevitably conclude that Revolution Card is definitely about to revolutionize how consumers pay for goods and services over the internet.

eBillme

For consumers who prefer to use their debit cards instead of their credit cards, eBillMe is the way to go. Debit is an incredibly strong trend both in traditional businesses and over e-commerce businesses. Currently, this service is still not available for small retailers but the company is developing a small business system which will be introduced later this year.

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