{"schemaVersion":1,"profileUrl":"https://nowen.ai/agents/alternativepayments-io","markdownUrl":"https://nowen.ai/agents/alternativepayments-io.md","jsonUrl":"https://nowen.ai/agents/alternativepayments-io.json","name":"Alternative Payments","nickname":"AP","website":"https://www.alternativepayments.io","industry":"Payments Technology","status":{"trust":"unclaimed","text":"Unclaimed: compiled by Nowen from public sources, not reviewed by the company"},"updatedAt":"2026-09-06T23:00:00.316Z","summary":"Payments technology company enabling service-based businesses to modernize cash flow through a unified platform.","description":"Alternative Payments is a payments technology company focused on lowering barriers and making smarter payments accessible to service-based businesses. It positions itself as the financial operating system for B2B services companies, unifying invoicing, payables, and analytics in one platform, and using AI to anticipate challenges, surface opportunities, and help teams act before problems arise. The company aims to help offline service providers improve cash flow, automate billing, and accelerate collections through transparent pricing and strong partnerships. It serves industries such as MSPs, accounting, business services, telecom, and other service sectors seeking flexible, secure, and scalable payment solutions.","mission":"our mission is to lower the barrier and make smarter payments accessible to all","directory":{"industryName":"Payments Technology","agentCount":48,"indexable":true,"hubUrl":"https://nowen.ai/industry/payments-technology"},"aiReaderFamilies":["Anthropic","Amazon"],"boonFrontDoor":{"url":"https://boon.ai/agents/alternativepayments-io","label":"Apply to Alternative Payments' partner program through Boon","sub":"Your AI agent writes the proposal: who you are, the fit, and a first step."},"products":[{"name":"Automated Accounts Receivable","type":"Solution","url":"https://www.alternativepayments.io/solutions/automate-accounts-receivable","summary":"Streamline your accounts receivable process for enhanced cash flow and reduced manual work.","description":"Automates invoicing, collections, and reconciliation to speed payments and reduce manual follow-up. Provides a self-service client portal and delivers automated reminders for timely collections.","pricing":{},"features":[{"name":"Invoicing, Collections, and Reconciliation Automation","value":"Automate Billing Processes","valueDescription":"Streamlined automation reduces manual errors and workload, allowing your team to focus on strategic tasks."},{"name":"Collection Assist","value":"Delegate Payment Follow-up","valueDescription":"Collections Assist handles overdue invoices by contacting clients, preserving relationships while ensuring payments are collected."},{"name":"Payment Reminders and Autopay","value":"Send Automated Reminders","valueDescription":"Enhance payment punctuality by automating reminders for invoices and implementing autopay options to streamline the payment process."},{"name":"Custom Payment Schedules","value":"Configure Payment Schedules","valueDescription":"Set specific payment schedules tailored to individual customers, ensuring timely collections with escalation options for overdue invoices."},{"name":"Self-Service Client Portal","value":"Enable Self-service Payments","valueDescription":"Allow clients to interact directly with their invoices through an intuitive portal, enhancing the overall satisfaction."},{"name":"Multi-Client AR Dashboard","value":"Streamline Client Management","valueDescription":"Easily track receivables for all clients in a single dashboard, enabling proactive management of overdue invoices and improving cash flow."}]},{"name":"Automated Accounts Payable","type":"Solution","url":"https://www.alternativepayments.io/solutions/automate-accounts-payable","summary":"Streamlines vendor payments through automation, enhancing efficiency and cash flow management.","description":"Automates vendor bills and approvals; OCR extracts bill details and routes for review. Centralizes payables with streamlined approval workflows.","pricing":{},"features":[{"name":"OCR Bill Data Extraction","value":"Automate Bill Details Extraction","valueDescription":"Eliminate manual entry errors and speed up the approval process by automatically extracting key information from vendor bills."},{"name":"Unified Payable Workflow","value":"Centralize Vendor Payables","valueDescription":"Manage all vendor payments in one platform, reducing errors and speeding up payment approvals."},{"name":"Vendor Bill Automation and Approvals","value":"Automate Vendor Bills","valueDescription":"Automatically route vendor bills through an efficient approval process, saving time and improving cash flow."},{"name":"Integrated Payments Management","value":"Manage Payments Seamlessly","valueDescription":"Ensure all vendor transactions sync back to your accounting software for accurate financial reporting."},{"name":"Audit Trail and Compliance Tracking","value":"Track Compliance Automatically","valueDescription":"Maintain a comprehensive audit trail of approvals and payments, ensuring compliance with company policies and regulations."}]},{"name":"Collections Assist","type":"Solution","url":"https://www.alternativepayments.io/solutions/collections-assist","summary":"Streamlines collections by directly engaging with customers for timely payments.","description":"Assists collections by having our team contact customers directly on your behalf to recover payments. Offers success-based pricing for better financial management.","pricing":{},"features":[{"name":"Direct Collections Outreach","value":"Increases Cash Flow","valueDescription":"Automating the follow-up process helps ensure that you recover more overdue invoices and maintain better cash flow from your clients."},{"name":"Automated Submission Process","value":"Saves Time and Effort","valueDescription":"Allows your accounts receivable team to focus on current tasks rather than constantly following up on overdue invoices."},{"name":"Integration with Existing Systems","value":"Ensures Accurate Records","valueDescription":"Automatically syncs customer engagement and payment statuses into your current workflow, minimizing manual entry and errors."},{"name":"Customer-Centric Communication","value":"Maintains Relationships","valueDescription":"Ensures customers are treated with respect during the collections process."}]},{"name":"Enterprise-Level Security","type":"Solution","url":"https://www.alternativepayments.io/solutions/security","summary":"Offers advanced security features to safeguard customer payment data and enhance compliance.","description":"Enterprise-level security features to protect payments and financial data within the platform. Complies with PCI-DSS Level 1 and SOC 2 Type 2 standards.","pricing":{},"features":[{"name":"Enterprise-Level Security","value":"Protect Payment Data Securely","valueDescription":"Ensures payment data is tokenized at capture and encrypted during transit using high-level security protocols."},{"name":"Strict Access Controls","value":"Maintain Secure Access Levels","valueDescription":"Access is role-based, secured through four permission levels, ensuring only authorized personnel can engage with sensitive data."},{"name":"Data Encryption","value":"Encrypt Data Securely","valueDescription":"All payment data is encrypted in transit, ensuring information is protected against unauthorized access."},{"name":"Continuous Compliance Monitoring","value":"Ensure Continuous Security Compliance","valueDescription":"Regular security audits ensure that security protocols are consistently applied and maintained."}]},{"name":"Accounts Payable","type":"Product","url":"https://www.alternativepayments.io/platform/accounts-payable","summary":"Automate vendor payments and manage bills efficiently within one platform.","description":"Pay vendors and manage payable workflows in one place. Forward vendor invoices to a dedicated billing address; OCR extracts details automatically and queues bills for review.","pricing":{},"features":[{"name":"Audit Trail and Approvals","value":"Ensures Compliance And Accountability","valueDescription":"Each payment's approval process is documented, enhancing compliance and accountability."},{"name":"Unified Payables in Platform","value":"Streamlines Financial Operations","valueDescription":"Easily manage both payables and receivables without switching platforms, improving cash flow management."},{"name":"Multi-Method Payment Options","value":"Flexibility In Payments","valueDescription":"Choose the most convenient payment method for each vendor, adapting to specific contractual needs."},{"name":"Analytics And Reporting","value":"Enhanced Financial Oversight","valueDescription":"Utilizes analytics to give visibility into cash flow and operational efficiency."}]}],"audiences":[],"segments":[{"name":"Accounts payable automation","description":"Capabilities that automate invoice intake, approval, scheduling, and vendor payments to reduce manual work and accelerate payables.","size":3.8,"cagr":10.3,"color":1,"productNames":["Accounts Payable","Automated Accounts Payable"],"methodology":"Primary estimate uses Future Market Insights (FMI) as the most specific source for \"accounts payable automation\" (reports 2026 market size and a 10.3% CAGR to 2036). Alternative published estimates vary widely (The Business Research Company projects $5.42B in 2025 and a 21.6% CAGR to 2030; Market Research Future reports a smaller base $1.41B in 2024 and ~8.8% CAGR). The FMI figure was selected as the primary because it explicitly covers AP automation with a detailed 2026–2036 forecast; other sources are cited for context.","citations":[{"url":"https://www.futuremarketinsights.com/reports/accounts-payable-automation-market","text":"Market Size (2026): USD 3.8 Bn; CAGR (2026 to 2036): 10.3%."},{"url":"https://www.thebusinessresearchcompany.com/report/accounts-payable-automation-global-market-report","text":"market size has reached to $5.42 billion in 2025; grow to $14.38 billion in 2030 at CAGR of 21.6%."},{"url":"https://www.marketresearchfuture.com/reports/account-payable-market-8683","text":"2024 Market Size $1.41 Billion; CAGR (2025 - 2035) 8.83%."}]},{"name":"Accounts receivable automation and collections","description":"Capabilities that automate invoicing, reconciliation, credit workflows and buyer-centric collections to reduce DSO and manual AR overhead.","size":3.398,"cagr":10.18,"color":2,"productNames":["Automated Accounts Receivable","Collections Assist"],"methodology":"Primary source: Market Research Future (MRFR) provides a 2024 market size estimate of about USD 3.398B and a forecast CAGR of 10.18% (2025–2035). SNS Insider offers a higher 2025E estimate (USD 4.48B) and a faster CAGR (13.1%, 2026–2033); MRFR chosen as primary due to more recent update and explicit 2024 baseline.","citations":[{"url":"https://www.marketresearchfuture.com/reports/accounts-receivable-automation-market-31613","text":"2024 Market Size$ 3.4 Billion; CAGR (2025 - 2035) 10.18%."},{"url":"https://www.snsinsider.com/reports/accounts-receivable-automation-market-3748","text":"Market Size in 2025E: USD 4.48 Billion; CAGR: 13.1% from 2026 to 2033."}]},{"name":"Payment orchestration and reconciliation","description":"Capabilities that centralize multi-method payment routing (ACH, card, check), unify payables and receivables, and reconcile transactions against invoices and ledgers for consolidated cash management.","size":1.53,"cagr":23.3,"color":3,"productNames":["Accounts Payable","Automated Accounts Payable","Automated Accounts Receivable"],"methodology":"Estimate based on a market report in the provided search results that defines the global payment orchestration platform market (covers orchestration and reconciliation capabilities) at USD 1,527.13M in 2024 with a forecast to USD 8,157.94M by 2032 and an implied CAGR of 23.3% (2025–2032).","citations":[{"url":"https://www.congruencemarketinsights.com/report/payment-orchestration-platform-market","text":"valued at USD 1527.13 Million in 2024 and projected to USD 8157.94 Million by 2032, CAGR 23.3% (2025–2032)"}]},{"name":"Payment security and compliance","description":"Capabilities that protect cardholder data, support PCI‑DSS compliance, and provide end-to-end encryption and risk management for transactions.","size":34.8,"cagr":17.4,"color":4,"productNames":["Enterprise-Level Security"],"methodology":"Primary estimate based on Fortune Business Insights reporting a global payment security market value of USD 34.8 billion in 2025 and a projected CAGR of 17.4% (2026–2034). GM Insights reports a corroborating market scale (USD 23.4 billion in 2023) and a 15% CAGR (2024–2032). Polaris Market Research shows a larger adjacent payment processing market (USD 76.88 billion in 2025, 14.5% CAGR), indicating broader industry spend that supports high growth in payment security and compliance.","citations":[{"url":"https://www.fortunebusinessinsights.com/payment-security-market-103748","text":"The global payment security market size was valued at USD 34.8 billion in 2025; CAGR of 17.4% during the forecast period."},{"url":"https://www.gminsights.com/industry-analysis/payment-security-market","text":"Payment Security Market size was valued at USD 23.4 billion in 2023 and is estimated to register a CAGR of 15% between 2024 and 2032."},{"url":"https://www.polarismarketresearch.com/industry-analysis/payment-processing-solutions-market","text":"Payment processing solutions market size was valued at USD 76.88 billion in 2025, exhibiting a CAGR of 14.5%."}]},{"name":"Outsourced collections","description":"Third-party receivables recovery and outreach services that integrate with PSA and accounting systems, offering customer-centric communication and success-based pricing to recover overdue invoices.","size":18.1,"cagr":5.4,"color":5,"productNames":["Collections Assist"],"methodology":"Primary estimate uses the Collection Outsourcing Service market data (direct match to \"outsourced collections\") showing USD 18.1B in 2025 and a 5.4% CAGR to 2035. Broader debt collection services reports (Fact.MR) show a larger 2025 market (USD 31.7B) with a lower CAGR (3.2%), and the debt-collection software subsegment is smaller (USD ~5.21B in 2025) with higher CAGR (~6.55%). I selected the WiseGuyReports sizing/CAGR because it specifically targets outsourced/collection outsourcing services and aligns with the marketSegment description; other cited sources are used to contextualize broader and adjacent segments.","citations":[{"url":"https://www.wiseguyreports.com/reports/Collection%20Outsourcing%20Service%20Market","text":"Market Size, 2025 USD 18.1 Billion; CAGR, 2026–2035 5.4%."},{"url":"https://www.factmr.com/report/debt-collection-services-market","text":"Base Value(2025): 31.7 Bn; CAGR (2026 - 2036): 3.2%."},{"url":"https://www.snsinsider.com/reports/debt-collection-software-market-10315","text":"The Debt Collection Software Market was valued at USD 5.21 billion in 2025; CAGR (2026 - 2035): 6.55%."}]}],"faq":[],"comparisons":[],"sources":[{"url":"https://www.alternativepayments.io","text":"Alternative Payments"},{"url":"https://www.alternativepayments.io/solutions/automate-accounts-receivable","text":"Automated Accounts Receivable"},{"url":"https://www.alternativepayments.io/solutions/automate-accounts-payable","text":"Automated Accounts Payable"},{"url":"https://www.alternativepayments.io/solutions/collections-assist","text":"Collections Assist"},{"url":"https://www.alternativepayments.io/solutions/security","text":"Enterprise-Level Security"},{"url":"https://www.alternativepayments.io/platform/accounts-payable","text":"Accounts Payable"},{"url":"https://www.futuremarketinsights.com/reports/accounts-payable-automation-market","text":"Market Size (2026): USD 3.8 Bn; CAGR (2026 to 2036): 10.3%."},{"url":"https://www.thebusinessresearchcompany.com/report/accounts-payable-automation-global-market-report","text":"market size has reached to $5.42 billion in 2025; grow to $14.38 billion in 2030 at CAGR of 21.6%."},{"url":"https://www.marketresearchfuture.com/reports/account-payable-market-8683","text":"2024 Market Size $1.41 Billion; CAGR (2025 - 2035) 8.83%."},{"url":"https://www.marketresearchfuture.com/reports/accounts-receivable-automation-market-31613","text":"2024 Market Size$ 3.4 Billion; CAGR (2025 - 2035) 10.18%."},{"url":"https://www.snsinsider.com/reports/accounts-receivable-automation-market-3748","text":"Market Size in 2025E: USD 4.48 Billion; CAGR: 13.1% from 2026 to 2033."},{"url":"https://www.congruencemarketinsights.com/report/payment-orchestration-platform-market","text":"valued at USD 1527.13 Million in 2024 and projected to USD 8157.94 Million by 2032, CAGR 23.3% (2025–2032)"},{"url":"https://www.fortunebusinessinsights.com/payment-security-market-103748","text":"The global payment security market size was valued at USD 34.8 billion in 2025; CAGR of 17.4% during the forecast period."},{"url":"https://www.gminsights.com/industry-analysis/payment-security-market","text":"Payment Security Market size was valued at USD 23.4 billion in 2023 and is estimated to register a CAGR of 15% between 2024 and 2032."},{"url":"https://www.polarismarketresearch.com/industry-analysis/payment-processing-solutions-market","text":"Payment processing solutions market size was valued at USD 76.88 billion in 2025, exhibiting a CAGR of 14.5%."},{"url":"https://www.wiseguyreports.com/reports/Collection%20Outsourcing%20Service%20Market","text":"Market Size, 2025 USD 18.1 Billion; CAGR, 2026–2035 5.4%."},{"url":"https://www.factmr.com/report/debt-collection-services-market","text":"Base Value(2025): 31.7 Bn; CAGR (2026 - 2036): 3.2%."},{"url":"https://www.snsinsider.com/reports/debt-collection-software-market-10315","text":"The Debt Collection Software Market was valued at USD 5.21 billion in 2025; CAGR (2026 - 2035): 6.55%."}]}