Alternative payments like PayPal, Google Wallet, Amazon Payments, BillMeLater, direct debit and even COD are often offered alongside credit card options for payment. Not everyone has a credit card, or wants to share credit card information online. They also speed up the checkout process. Stored shipping and billing information means less typing and less room [...]
Source: http://www.getelastic.com/carrier-billing-understanding-the-other-alternative-payment/
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