Advancements in digital payment technology are changing the way consumers interact with ecommerce retailers. From cash and digital wallets, to credit cards and e-Transfer, consumers want to use the payment method of their choice online.
Many Canadians simply aren’t comfortable exposing their financial or credit information online – but still want the ability to purchase goods from online retailers.
We've built alternative payment solutions that enable Canadians to transact in whatever way suits them. We can help you gain unparalleled access and distribution to the Canadian marketplace through greater payment choices.
As a leader in alternative payments, Payment Source can help you provide your customers access to an evolving ecosystem of payment solutions, from new payment models and digital wallet solutions.
In this scenario, a customer is provided with a QR code linked to their account or gift card, and the customer then loads funds (via cash or debit) into an account that can be used for a one-step checkout. They can browse for and purchase goods online, and their account is debited for their total order and shipment is made immediately. No need to enter or store their credit card information.
With this model, consumers shop for their goods online and then “stage” their order, receiving a QR code (via email or SMS) at checkout. The order is moved to a pending payment status while the customer makes an offline payment using an over-the-counter transaction. The ecommerce retailer receives instant notification that the payment has been received, and the goods are released for shipment or pick-up.