Global Payment Online to Make Cross-Border Payments More Fluent and Progressive

Although the act of sending and receiving money online is becoming increasingly simple for consumers. But the process of ensuring safe and secure payments on the back end has become increasingly complex for online merchants. The expansion of e-commerce creates more global business opportunities than ever before. As a result, new payment providers and security and regulatory requirements are constantly entering the arena. The situation can be especially difficult for merchants selling in multiple markets with overlapping payment rules and regulations.

Each international transaction interacts with a slew of different potential acquiring banks, payment processors, and payment method providers, many of which are market-specific. The importance of a global solution to integrate these different payment layers has never been clearer.

Instantcharge provides merchants with the simplicity and convenience of a single dashboard to manage Global Payments Online. Also connecting the various layers of complex global payment stacks to ensure that every potential payment is processed as efficiently and successfully as possible, regardless of where it occurs.

Who are the key players in the Global Payment Online Industry?

To simplify the process, each online payment consists of the user, the merchant, and the payment processing solutions. With which the merchant must interact to approve or decline the transaction. To be paid, merchants must integrate with a bank/payment acquirer, whose job it is to hold the user's payment on the merchant's behalf before depositing the funds into the merchant account once the transaction is authorized.

In addition to these fundamentals, some additional players contribute to the smooth flow of payments. The payment processor is a service that works directly with banks, card issuers, and other payment methods. Meanwhile, the payment gateway connects your website's shopping cart to the payment processing network. Instantcharge, like many other payment service providers, serves as both a payment processor and a payment gateway.

Overview of Payment Methods

The growing number of online payment methods demonstrates how customers are becoming more open to non-traditional payment methods. While credit cards remain the most commonly used payment method in many markets. A growing number of alternative payment methods are providing customers with new and often more flexible ways to pay for their purchases.

Let's take a look at some of the most popular payment methods on the market today:

Credit Cards

These are payment cards issued by a bank or other financial services provider that allow the holder to borrow funds. Credit cardholders (who may be charged annual service fees) use a credit limit approved by the card's issuer, which could be a bank, store, or service provider.

Local credit card issuers play an important role in the e-commerce landscape in many emerging markets.

Debit Cards


Debit cards are payment cards that deduct funds from the cardholder's checking account. They provide the convenience of credit cards as well as many of the same cardholder benefits.

Debit cards, unlike credit cards, do not allow the user to incur debt. Furthermore, debit cards frequently have a daily purchase limit.

In most markets, local banks issue their debit cards. Creating another payment layer that the payment gateway/payment processor typically navigates on the merchant's behalf.

Payment Methods Alternatives (APMs)

Non traditional payment methods are alternative payment methods (e.g. not credit cards or cash)

Alternative payment methods include e-Wallets (Google Pay, PayPal, Apple Pay, WeChat), bank transfers, Buy-Now-Pay-Later options, and others. The majority of these payment methods can be used in both POS (point of sale) terminals and online.

APMs operate in a variety of contexts, including as extensions of traditional payment methods (for example, when linked to a credit card and relying on the card issuer's approval). However, they can also have an infrastructure that is separate from traditional frameworks.


Digital wallets (also known as e-wallets or mobile wallets) are various types of software that serve as the equivalent of a wallet for electronic commerce, frequently storing multiple payment methods in one location.

Many household names, such as PayPal, ApplePay, Google Pay, and WeChat Pay, are key global players.

E-wallets are popular throughout the world; however, many local markets have digital wallet products that are unique to a specific country or region. It is critical for online merchants to understand which popular local e-wallets to cater to within a specific local marketplace.

Purchase Now and Pay Later (BNPL)

Invoice payments, also known as BNPL, allow the merchant to be paid in advance before the customer pays for the transaction. The BNPL provider advances the transaction amount and assumes the risk of fraud or payment failure.

BNPL is associated with higher transaction values as well as higher conversion rates at the checkout. BNPL models benefit from the use of predictive algorithms for longer installment cycles. It can provide instant credit decisions within the checkout process itself.

In many parts of Europe, particularly Germany, Scandinavia, Austria, Switzerland, and the Netherlands, invoice payments are extremely popular. In many emerging markets, BNPL serves as a means of financial inclusion, allowing people who are unable to obtain traditional credit to participate in the digital economy.

Banking accessibility

In recent years, open banking options have gained popularity as another Global Payment Online method in which customers initiate a payment to a merchant or corporate in the same way that they would pay via bank transfer.

Payment is made instantly through the customer's mobile banking app or online banking portal, resulting in quicker conversions and higher approval rates.

One platform, multiple online payment methods

The ability to accept local payment methods is critical for establishing credibility and trust with online customers, particularly when expanding into new markets. Traditional credit cards and digital wallets such as Apple Pay and PayPal are not widely used in many countries or are secondary to other more popular payment options, many of which are market-specific.

Alternative payment methods account for a significant share of overall online payment transactions in emerging markets, ranging from local banks, credit cards, and digital wallets to e-commerce installment and other consumer credit options. Merchants selling across borders can offer the payment options most preferred by consumers in each market by using a platform that offers a wide range of local payment methods in multiple markets, with higher conversion and payment acceptance rates and lower transaction fees.

With hundreds of accessible payment options suited to the demands of each target market, Instantcharge Global Payment Online gateway, and processing capabilities enable merchants to provide their consumers a flawless checkout experience everywhere in the globe. Our technologies connect the dots in the background to assure the greatest possible approval rates at the lowest possible fees, allowing you to focus on your business's growth rather than the operational and technological difficulties of each payment.