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Alternative Payments

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Last updated on

Company health

Employee growth
91% increase in the last year

Ratings

G2
4.8/5
(11)

Alternative Payments description

Alternative Payments is a business-to-business payment platform designed for Managed Service Providers (MSPs). It simplifies invoicing and gets you paid faster through automated features like auto-pay and payment reminders. It offers flexible payment options for your customers including ACH, credit cards, and payment plans. The platform integrates with popular accounting and PSA software, making reconciliation seamless. Alternative Payments prioritizes data security and provides insights into your payment data to help you better manage your cash flow.


Who is Alternative Payments best for

Alternative Payments is a B2B payment platform designed for Managed Service Providers (MSPs) to simplify invoicing and accelerate payments. It offers automated features, flexible payment options (ACH, credit cards, payment plans), and integrates with accounting/PSA software. With a focus on data security, Alternative Payments provides valuable payment insights to improve cash flow management.

  • Best for mid-sized businesses (101-1000 employees).

  • Ideal for Managed Service Providers (MSPs) in software, IT, and telecommunications.


Alternative Payments features

Supported

Offers auto-pay and auto-charge features to automate payment collection.

Supported

Supports ACH, credit cards, and payment plans.

Supported

Integrates with popular accounting and PSA software for seamless reconciliation.

Supported

Offers a white-labeled payments portal for a branded customer experience.

Supported

Provides automated payment reminders to reduce late payments.

Supported

Supports recurring payments through auto-charge functionality.

Supported

Prioritizes data security and uses bank-level encryption.


Alternative Payments pricing

The commentary is based on 4 reviews from Alternative Payments G2 reviews.

Users generally find Alternative Payments' pricing reasonable, especially considering the time savings and automation benefits. One user noted potential fees depending on the payment method, but most reviews did not mention pricing as a significant concern. Many users highlight the platform's value in streamlining payments and boosting sales.

See the Alternative Payments pricing page.

$199/month
$199

This plan offers processing volume up to $50k monthly, no ACH fees, control over credit card fees, zero usage-based fees or hidden fees, zero implementation costs, onboarding and implementation support for 60 days.

$499/month
$499

This plan offers processing volume up to $100k monthly and includes everything in the $199/month plan. It also includes onboarding and implementation support (approximately 90 minutes), simple payment data migrations, and creation of a pay subdomain.

Custom
Custom

This plan has no limit on monthly processing volume. It includes custom pricing based on business requirements, custom implementation and configuration, simple payment data migrations, Demarc email capabilities, and a pay subdomain.


Alternative Payments alternatives

  • Logo of FlexPoint
    FlexPoint
    Automates MSP billing, saving time and reducing errors.
    Read more
  • Logo of TeamGuru
    TeamGuru
    Streamlines business payments, automates reconciliation, integrates with accounting software.
    Read more
  • Logo of Anchor
    Anchor
    Create, send, and manage invoices. Get paid faster.
    Read more
  • Logo of IRIS Bill Payment
    IRIS Bill Payment
    Automate business billing and payments, boosting efficiency and cash flow.
    Read more
  • Logo of Hopscotch
    Hopscotch
    Easy invoicing and bill pay, free, fast, and for small businesses.
    Read more
  • Logo of Fortis
    Fortis
    Automated payments, integrated with ERP, simplifying business finances.
    Read more

Alternative Payments FAQ

  • What is Alternative Payments and what does Alternative Payments do?

    Alternative Payments is a B2B payment platform for Managed Service Providers (MSPs). It automates invoicing, payments, and reconciliation, offering flexible options like ACH, credit cards, and payment plans. This streamlines billing, improves cash flow, and integrates with existing accounting software.

  • How does Alternative Payments integrate with other tools?

    Alternative Payments integrates with popular accounting and PSA software to enable seamless reconciliation. This streamlines financial operations for Managed Service Providers (MSPs). It also offers a white-labeled payment portal for a branded customer experience.

  • What the main competitors of Alternative Payments?

    Top Alternative Payments competitors include FlexPoint, TeamGuru, and Anchor. These platforms offer similar features like automated billing, payment processing, and accounting software integration, catering to businesses seeking streamlined financial operations. For smaller businesses, Hopscotch is a free and fast invoicing and bill pay option.

  • Is Alternative Payments legit?

    Alternative Payments appears to be a legitimate platform. It has generally positive ratings (4.8/5 stars on G2) and offers features valuable to its target audience, Managed Service Providers (MSPs), such as automated payments and flexible payment options. Further research is advised to determine if it's the right fit for your specific needs.

  • How much does Alternative Payments cost?

    Alternative Payments pricing starts at $199/month for up to $50k in monthly processing volume. The $499/month plan supports up to $100k. A custom plan with custom pricing is available for businesses with higher volume needs. They offer transparent pricing with no hidden or ACH fees.

  • Is Alternative Payments customer service good?

    Customer reviews highlight that Alternative Payments' support team is responsive and helpful, especially during the initial setup and configuration. Users appreciate the consistent communication and assistance provided by the support staff in resolving issues and customizing the platform.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.