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PRODUCT & SERVICES

Local Payment Methods

For online merchants seeking to expand their sales channels into other territories, Lateral Payment Solutions gives merchants access to a range of Alternative Payment options.

Cards are seen as the dominant payment method in the United Kingdom and North America; however the vast majority of other regions aren’t so card centric. Online Banking, E-Wallets and Prepaid solutions are the payment type of choice throughout many of the world’s major online economies, particularly with younger generation shoppers.

Did you know?

  • The Alternative Payment market will grow by more than 12% by 2017
  • 82% of Online shoppers prefer a range of payment options over credit and debit cards.
  • Nearly 50% of online shoppers purchase from overseas websites.
  • The 18-30 age bracket are more likely open to using Alternative Payments.
  • Alternative Payments are used by 40% of online shoppers in Europe’s general retail sector.



Crossing borders

Lateral Payments’ in-depth knowledge of the international payments arena puts you in the driving seat, helping you to realise your global ambitions. Through a single integration into our systems we allow you to seamlessly cross borders by giving your customers the opportunity to pay via their local payment method. Not only does this drive revenue through increased conversions at the point of checkout but it will instantly improve your customer service credentials.

Lateral Payments splits its Alternative Payment portfolio into three distinctive areas, Real Time Bank Transfer, Prepaid Solutions, Local card solutions,
Cash solutions
and EWallets

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Real Time Bank Transfer

An attractive option for merchants as they usually receive immediate confirmation of the authorised payment along with a next day settlement. With minimal risk, customer orders can be placed on next day delivery. Consumers cite “bank level security” and simplicity in making a payment as a major selling point.

Lateral Payment currently offers the following Realtime Bank Transfer Solutions:-

Boleto Bancario is a Consumer push payment method in Brazil that’s regulated by the Brazilian Federation of Banks.
Countries Available: Brazil.

Banco do Brasil S.A. is the second largest Brazilian and Latin American bank.
Countries Available: Brazil.

Bradesco is one of the biggest banking and financial services companies in Brazil.
Countries Available: Brazil.

EPS is the most popular online banking payment scheme in Austria, it allows secure payments to be made from the customer’s current account.
Countries Available: Austria.

Entercash is a bank payment method for the German, Austrian, Finish and Swedish market. allowing customers a simple, comfortable and safe way to pay directly from their own bank account.
Countries Available: Germany, Austria, Finland and Swedish Market.

Giropay is an Internet payment method that allows customers to make online purchases in a familiar, secure and simple way. Giropay links directly to your customer’s online banking when they make an online purchase.
Countries Available: Germany.

Instant Transfer is an online payment system which can be used by more than 99% of all customers in Germany who have an online banking enabled account.
Countries Available: Germany.

iDEAL allows online purchases to be made using online banking through the customers own bank account. iDEAL transactions are quick, reliable and efficient.
Countries Available: Netherlands.

Itaú is an internet banking method that is used to accept internet payments in merchant webstores. Currently Itaú has over 32,956 service points.
Countries Available: Brazil.

Multibanco is an interbank network, run by SIBS, which began operating in 1985, connecting more than 13,000 ATMs across 27 banks in Portugal.
Countries Available: Portugal.

eNETS is a major payment provider within the Singaporean retail markets. It provides a safe and secure real-time bank transfer facility for online customers to use within their familiar and trusted internet banking service.
Countries Available: Singapore.

Przelewyy24 is used by more than 95% of people in Poland. Polish online banking customers can securely and easily make purchases on the internet. It has a very high market acceptance.
Countries Available: Poland.

POLi is a leading online banking payment that connects to the customer’s bank account to enable a quick and secure payment.
Countries Available: Australia and New Zealand.

PayU A typical Polish online payment method, PayU, which in Poland is used more often than PayPal.
Countries Available: Poland.

PostFinance can be used by consumers who possess either the PostFinance Card or a bank account with PostFinance (E-Finance). The bank account uses online banking PIN / TAN credentials.
Countries Available: Switzerland.

PSE Pagos Seguros en Línea is the preferred alternative payment solution in Colombia. It was developed by ACH, which monitors and controls automated transactions between banks and financial institutions in the country.
Countries Available: Chile.

Raberil provides a specialist international payment and settlement solution for businesses that need to make local currency payments swiftly, securely and cost effectively into Latin America.
Countries Available: Argentina, Brazil, Chile, Mexico, Paraguay, Uruguay and Venezuela.

Sofortbanking is an easy to use direct credit transfer system based on the high security standards of online banking.
Countries Available: Germany, Great Britain, Poland, Austria, Belgium, The Netherlands, Switzerland and Italy.

Santandar Brazil The only international retail bank within top 5 largest banks in Brazil. Best possible security is guaranteed by following the Brazilian bank security rules and measures.
Countries Available: Brazil.

Santander Rio Payments through Santander Río bank are real time transactions that are available for account holders of that bank.
Countries Available: Argentina.

TrustPay is a real-time bank transfer method that allows customers to securely make online purchases.
Countries Available: Poland, Czech Republic, Slovakia, Hungary, Estonia, Latvia, Lithuania, Croatia, Bulgaria, Romania, Slovenia, Bosnia & Herzegovina.

Teleingreso is a bank transfer solution that allows customers to securely pay for goods and services via more than 3,000 ATM machines, 2,000 post offices and 300 retail outlets throughout Spain.
Countries Available: Spain.

Ticket Online is a Consumer push payment method in Mexico which relies on the Consumer to initialize the payment action.
Countries Available: Mexico.

Verkkopankki combines all Finnish bank links under a one real-time bank transfer product.
Countries Available: Finland.

Webpay Popular Chilean real-time bank transfer where the merchant receives real-time confirmation of transaction.
Countries Available: Chile.

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Cash solutions

Lateral Payment currently offers the following Cash solutions :-

Baloto is the network of payment terminals offering the highest degree of availability in Colombia.
Countries Available: Colombia.

Banamex Offering a secure cash solution, Banamex) is one of the largest merchant acquirers in Mexico by transaction volume.
Countries Available: Mexico.

Banco de Chile was chosen as the best bank in Chile and is a leading cash payment solution for the retail sector in the Chile.
Countries Available: Chile.

Banco De Occidente Simple, flexible and confidential payment method for Chile.
Countries Available: Chile.

BBVA Bancomer is a Mexican financial institution, and the largest in the country, dominating about 20% of the market.
Countries Available: Chile.

Carulla One of Colombia’s most popular cash payment methods across many sectors.
Countries Available: Colombia.

Davivienda Payments through Davivienda bank are real time transactions that are available for account holders in that bank. Cash option also available.
Countries Available: Colombia.

Dineromail is a convenient and secure cash method widely used in Argentina.
Countries Available: Argentina.

EDEQ is Colombias most popular billpay service.
Countries Available: Argentina.

Efecty are offline payments that can be paid with cash at any Efecty branch store.
Countries Available: Columbia.

OXXO is a chain of convenience stores from Mexico, with over 13,000 stores across Mexico. It’s offline cash payment voucher option allows customers to pay at more than 15,500 locations located throughout the country.
Countries Available: Mexico.

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Local card solutions

Lateral Payment currently offers the following Local Card solutions :-

Cabal Created in January 2009, Cabal card is a local debit/credit card that competes with the major international card brands MasterCard, Visa, Diners and JCB.
Countries Available: Argentina.

Cencosud has more than 4.3 million active credit card accounts throughout Argentina.
Countries Available: Argentina.

CMR Fallabella is one of the largest companies in Chile and the most important department store in South America, CMR Falabella Credit Card is the means of payment that allows you to buy in all Falabella stores.
Countries Available: Chile.

ELO is one of the major domestic debit and credit card brands operating in Brazil. only allows for transactions in Brazilian Real The scheme supports credit and prepaid transactions, and currently has over 70 million cards issued.
Countries Available: Brazil.

Hipercard is and one of the most popular Brazilian online payment methods. This popular card is issued by Itaú bank, with over 13 million cards in circulation and allows you to accept payments in instalments.
Countries Available: Brazil.

Magna Established in 1989, Magna is a local credit card that has been providing services low to middle income consumers who have access to credit.
Countries Available: Chile.

Mercado Livre Local acquiring and high acceptance rates via this local Brazilian credit card.
Countries Available: Brazil.

Nativa is an Argentinian credit card issued by the Banco de la Nación Argentina.
Countries Available: Argentina.

Presto has over 1.5 million active credit card accounts and is owned by Walmart Chile which is the leading figure in the domestic Chilean supermarket industry. Presto is also accepted by a further 54,000 associated merchants across Chile.
Countries Available: Chile.

Tarjeta Naranja Found in 1985, Tarjeta Naranja the most extensively used Argentinian based card with nearly a quarter of the population using card on a regular basis.
Countries Available: Argentina.

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Prepaid Solution

Prepaid solutions allow customers to make purchases in relative anonymity, while it is like cash for the merchant, the payment is real-time and guaranteed.

Prepaid solutions come in the form of a card and/or paper voucher with a unique code. The customer purchases a prepaid card or voucher at a retail outlet or online. The prepaid has a fixed value of which the consumer can choose to spend the full amount online.

Lateral Payment currently offers the following Prepaid Solutions:-

Astropay is the fastest-growing prepaid payment card in Latin America. They provide guaranteed payments to international online merchants.
Countries Available: Brazil, Bolivia, Colombia, Costa Rica, Mexico and Venezuela.

Paysafecard is designed for users who don’t have a credit or debit card or who don’t want to use their credit card for online purchases. Users authorise a payment to the merchant by entering a 16-digit PIN code, similar to the system used with prepaid phone cards.
Countries Available: Argentina, Austria, Belgium, Cyprus, the Czech Republic, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland and the United Kingdom.

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E-Wallets

It gives users the opportunity to make e-commerce transactions quickly and securely. An e-wallet allows customers to store credit card information, e-cash, contact information, shipping, and billing information which are used to pay for on-line purchases. It is convenient for the user as it saves having to resubmit details every time they wish to make a deposit.

Lateral Payment currently offers the following E-Wallet Solutions:-

Neteller is a prominent method of acceptance throughout the iGaming sector and supports deposits from credit or debit card, bank wire, international and local bank transfers as well as instant local deposits.
Countries Available: International

Qiwi Wallet allows customers to quickly and conveniently make payments online for utilities, mobile phone bills, internet, online shopping purchases, bank loans and much more.
Countries Available: Russia, Ukraine and Kazakhstan

Skrill has over 14 million account holders and is one of the largest global e-wallet providers. The simple E-Wallet solution makes it possible for every customer who has a Skrill account to pay easily and securely over the internet without giving out personal bank details.
                        Countries Available: International