GLOBAL PAYMENTS KNOWLEDGEISO 20022 / SWIFT / SEPA / MT / MX
PAYMENTSSIGNAL

The interactive academy for the standards, messages, and rails that move money.

PROGRESS
DRILL · ALTERNATIVE PAYMENT METHODS AND BNPL

The words behind Alternative payment methods and BNPL

Read the plain-language definition, then name the term it describes.

Any way to pay that is not a standard card transaction — bank transfers, wallets, direct debits, buy-now-pay-later, and local schemes.

Step 1 of 2

THE DRILL AS TEXT

  1. Any way to pay that is not a standard card transaction — bank transfers, wallets, direct debits, buy-now-pay-later, and local schemes.
    • Alternative payment method (APM)
  2. A short-term credit product bundled with checkout: the provider pays the merchant now and the customer repays in instalments — lending wearing a payment method's clothes.
    • Buy now, pay later (BNPL)

This drill is built from Alternative payment methods and BNPL — it rearranges material written and sourced on that page rather than asserting anything new, so every claim in it is checkable there.