Cardstream is a vast network of partners and functions that spans alternative payment methods, fraud prevention tools and acquiring bank accreditations. By collaborating with prominent organisations in Payments, Cardstream can offer white-label partners a wide range of alternative payment methods. These include popular wallet functions such as PayPal, Apple Pay, Android Pay and MasterPass.
The importance of alternative payment methods in your merchants’ payment solution are well documented. When a cardholder approaches your merchants’ payment page, the greater and more convenient the range of payment methods available, the greater the chance of winning a sale, increasing your merchants' transaction volume. By easing the checkout process, custom is retained.
Alternative payment methods simplify the process by storing your card information locally and generating a token that is used to perform a transaction, making the payment secure and quick because it saves having to re-enter card information. It also greatly increases your merchants' potential range of customer base, making your merchants' payment solutions universally accessible.