The growing innovation of Advanced Payment Methods (APM)

In these last years, there has been a growing innovation in payment methods. With users opting for online shopping, this change in behaviour has been reflected in payment methods, which are increasingly advanced. APM – Advanced Payment Methods (also known as Alternative Payment Methods), thus, include any form of payment other than cash.

APM – Advanced Payment Methods have been gaining popularity as they offer users faster and more convenient ways to shop and even send money to friends or family.

Attracted by convenience and security, consumers prefer digital and mobile payments, hence about 42% of global transactions occur through advanced payment methods.

In today’s competitive market, offering simple and fast ways for customers to buy and pay is vital to expand business operations, gain customer loyalty and increase profits. Cash, checks and credit cards are the traditional payment methods. However, the number of people using advanced payment methods (APM) has been increasing.

Self-Service Digital Kiosk for Payments in Denmark
Self-Service Digital Kiosk for Payments in Denmark

This way, an advanced payment method is exactly what the name indicates: an advanced form of payment that does not depend on traditional payment methods. In the age of technology, PayPal is the best known brand, although there are other successful brands.

Some advanced payment methods (APM)

Advanced payment methods can be classified as any mode of payment other than cash. Thus, mobile payments, eWallets, bank transfers and prepaid cards are examples of frequently used APM’s.

Google and Apple Pay are also evolving rapidly as they respond to the needs of demanding buyers who pay primarily through the smartphone.

Klarna, in turn, is an APM that allows consumers to buy a certain product and then pay. Klarna has a greater presence in Northern Europe, especially in the nordic countries.

In Russia, eWallets are very popular, especially WebMoney. Although operating internationally, eWallets have a large presence in Eastern Europe, with Russia generating most of the business.

AstroPay card is another example of a prepaid card, with markets predominantly based in Latin America. These cards are an excellent way to reach an audience that seeks to diversify advanced payment methods and control spending.

Digital kiosk for automatic payment
Digital kiosk for automatic payment

Besides the advanced payment methods mentioned, others can be listed:

  • Listra;
  • Alipay;
  • Bancontact;
  • BillDesk;
  • ePay;
  • Euteller;
  • Giropay;
  • iDEAL;
  • Masterpass;
  • Neosurf;
  • Trustly;
  • PaySafeCard.


The world is becoming more and more digital and the way users prefer to pay is no exception.

In fact, as online shopping grows, so do advanced payment methods (APM), which bring several benefits, such as the following:

  • Increase in sales;
  • Access to a more comprehensive customer base;
  • Fast and efficient payments;
  • Convenience;
  • Security for customers;
  • Accessibility for a greater number of industries.

The importance of APM – Advanced Payment Methods

The importance of advanced payment methods (APM) is essentially related to the current trend of the consumer to prefer convenience. Given that APM prevails in most sectors, it is important for a company to be able to offer the most modern payment technologies.

As a matter of fact, advanced payment methods attract customers who are looking for forms of payment already known to them and which provide comfort and security.

The future of advanced payment methods

The future of advanced payment methods (APM) is positive, as younger generations tend to disregard more traditional payment methods, such as credit cards and cash. Following this line of thought, the growth of APM should accelerate.

PARTTEAM & OEMKIOSKS at the vanguard of contactless payments technology
PARTTEAM & OEMKIOSKS at the vanguard of contactless payments technology

Attracted by the fact that they have several choices, consumers feel that they have greater control and power over the purchases they make. Therefore, they are likely to look for companies and markets that offer the possibility to pay through advanced payment methods.


Transaction or payment kiosks

With the fast technological evolution, payment solutions go through interactive kiosks. Today, transactional or payment kiosks allow anyone to make payments autonomously.

PARTTEAM & OEMKIOSKS kiosks can be equipped with payment systems through bill readers, cash registers or payment by ATM card, NFC, etc.

These transactional kiosks help to significantly reduce long queues in busier locations, which in turn helps to make it easier to maintain social distance by protecting customers and employees.

Besides, they also reduce the need to handle and count money, making the whole money management process more efficient, while providing organizations with an effective way to empty and replenish their money management terminals.

Always at the vanguard of technological innovation, PARTTEAM & OEMKIOSKS has developed a series of transactional multimedia kiosks. CASHARMOUR, for example, automates all cash management processes, committing itself to improve business efficiency, staff productivity and customer service. SELFCASHY, in turn, provides a complete service for bill/invoice payment integrated with the ERP and financial software solutions of the establishments. FLYCOIN can also be used to turn physical money into digital money (cryptocurrency).

Automatic Payment Terminals

Easily integrated into any multimedia kiosk, PARTTEAM & OEMKIOSKS payment solutions are extremely advantageous for partners and their customers as they contribute to the creation of technological and industrial innovation.

Besides, customers can pay without the need for an assistant. The goal is to speed up and facilitate the tasks of anyone.

These solutions enable any company/brand to increase transaction efficiency, improve user experience and create new business opportunities in a wide range of industries.

With PARTTEAM & OEMKIOSKS automatic payment terminals (TAP), customers are offered convenience, eliminating the risks associated with payments by check and cash. At the same time, it provides agility and speed of service.

PARTTEAM & OEMKIOSKS payment terminals can be used in indoor or outdoor equipment and also allow companies to sell 24 hours a day, seven days a week.

Automatic Payment Kiosks for Shopping in Denmark
Automatic Payment Kiosks for Shopping in Denmark

PARTTEAM & OEMKIOSKS continues to develop solutions that contribute to the quality of life of citizens and to their comfort and convenience, particularly with regard to payments.