Chris Posted July 4, 2004 Report Share Posted July 4, 2004 NEW YORK - Online retailers are trying to bring in new customers by allowing them to pay for goods with some old-fashioned methods — checks and invoicing. Credit cards are the most popular form of payment online. But for retailers trying to tap into every demographic — including older shoppers who fear online fraud, customers who may not have enough credit for big-ticket items, or those who lack credit cards altogether — alternatives to plastic can open doors. "We've seen an increased interest in (alternative payments) over the past year or two. I think it's going to continue to grow," said Bob Nadeau, group manager of online product development for Paymentech LP, which processes more than half of all Internet transactions and works with hundreds of thousands of retailers.More | Here Quote Link to comment Share on other sites More sharing options...
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