eCommerce-Guide.com has an article about CyberSource’s “Bill Me Later” alternative payment service. As described in the article, alternative forms of online payment to credit cards are part of a growing trend in the e-commerce domain.
Alternative payments are also being pushed as a way to boost sales. New research suggests that accepting multiple payment types can help in converting visitors to buyers. And financing available through non-credit card methods provides similar pay-as-you-go features without comparable interest rates.
This may be helpful if you’re an online seller or marketer.
Read:
Merchants Gain “Bill Me Later” [eCommerce-Guide.com]
Web shoppers’ new option: Bill me later [CNet News]