Verifone Advanced Payment Methods (APMs) enable businesses to convert more customers by offering a wide range of flexible, secure, and globally recognized payment options. Designed for omnichannel commerce, APMs reduce friction at checkout and enhance customer satisfaction by supporting preferred payment methods across in-person, online, and in-app channels. With a single integration, merchants can accept a variety of APMs including Klarna, Affirm, PayPal, Alipay, WeChat Pay, and cryptocurrencies. These methods are supported on Verifone Android and Engage devices, using QR codes generated or scanned via the APM provider’s app. The platform is built to scale with your business and includes tools for fraud management, analytics, and device control.

Features

• Single Integration: Accept multiple APMs through one integration.
• Omnichannel Support: Works across in-person, online, and in-app environments.
• Device Compatibility: Accept payments on Verifone Android or Engage devices with cameras.
• QR Code Payments: Supports QR code generation and scanning for seamless transactions.
• Global Payment Options:
  • Klarna: Offers Installments, Pay Later, Pay Now, and Financing.
  • Affirm: Buy Now, Pay Later with transparent, flexible plans.
  • PayPal: Accept payments via PayPal wallet, cards, bank accounts, or BNPL.
  • Alipay: Widely used in China for mobile and online payments.
  • WeChat Pay: Integrated into the WeChat superapp for mobile-first payments.
  • Cryptocurrency: Accepts ETH, DOGE, LTC, and stablecoins via wallets like Blockchain.com, BRD, Metamask, and BitPay.
• Fraud Management: Adaptive fraud solutions tailored to your risk appetite.
• Reporting & Analytics: Unified dashboard for transaction tracking and reconciliation.
• Device Management: End-to-end tools to monitor and manage payment devices.

Benefits

• Increased Conversion: Reduce cart abandonment by offering preferred payment methods.
• Global Reach: Attract international customers with local and digital payment options.
• Customer Satisfaction: Provide a frictionless, familiar checkout experience.
• Scalability: Easily add or remove payment methods as your business evolves.
• Security & Compliance: Built-in fraud protection and secure transaction handling.
• Operational Efficiency: Manage all APMs, devices, and reporting from a single platform.
• Future-Ready: Stay ahead of payment trends with support for emerging methods like crypto and BNPL.