The Anthropology of Payment Methods

Enterprise businesses need a complete understanding of how their customers want to pay in their major markets in order to optimise their payments setup.


The key here is conversion

APEXX currently has an ever expanding suite of over 120 integrated 'Alternative Payment Methods'. In a commercial environment where cash and card no longer simply dominate the payments landscape it is essential for enterprise merchants to have a thorough understanding of which APMs are popular in which of their key markets, and to have a gateway that is technically capable of giving them access to all of the methods they need instantly.

Customers are more likely to go through with a purchase using a payment methods they are familiar with and like using. Consequently it is becoming ever more vital for merchants to include popular new payment methods in their payments acceptance setup.

Why are APM’s important?

If your business has a thorough understanding of the types of payment methods it's customers like to use in each of its major markets the uptick in conversion of sales can be considerable. In terms of the anthropology of payments we do not pay the same the world over and the forward-thinking enterprise merchant will alway be looking to integrate more locally trusted payment methods to drive their sales.


Digital/mobile wallets Alipay and WeChat Pay dominate in China, taking 48% of point of sales in 2019. The local dominance is followed by a shortlist of competitors outside China like Apple Pay, Google Pay, Samsung Pay and Amazon Pay. Mobile and digital wallet adoption is projected to keep evolving through 2023 out of the declining users’ reliance on cash and card-based payments. The digital payment revolution is in motion and fast with the technology penetration and influence on younger generations. China, for instance, has significantly younger populations than Europe and the United States. As of end-2018, around 73% of Chinese internet users paid for their transactions with online payments services, an 18% increase on the previous decade.

The APEXX Payment Orchestration Platform is the last integration you will ever need

Lowest cost
We structure ourselves to operate in the most efficient way. We are not an additional cost as we take the place of the payment gateway.
Lead in Orchestration
We enhance the payment experience by driving up acceptance rates thereby reducing friction and lost sales for our Merchants.
Excellent Customer Support
The APEXX Payment Orchestration Platform is architected to the highest industry standards of security and support ensuring that our merchants have the best protection and support access at all times.