Last updated on
Company health
Ratings
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 ideal for MSPs that want to simplify invoicing and get paid faster. We find that the platform's automated payment reminders, flexible payment options (ACH, credit cards, payment plans), and seamless integrations with accounting and PSA software are especially beneficial. The white-labeled portal also helps create a customized customer experience, which is a nice bonus.
-
Great for mid-sized MSPs (101-1000 employees) seeking streamlined billing and faster payments through automation.
-
Especially beneficial for Software, IT, and Telecommunications, simplifying complex payment processes and improving cash flow.
Alternative Payments features
Supported Reduced Payment Costs: Reduces payment processing costs for businesses, saving time and increasing transaction speeds. |
Supported Automated Payments: Automates payment collection with auto-pay and auto-charge functionalities. |
Supported Flexible Payment Options: Provides multiple payment options including ACH, credit cards, and payment plans. |
Supported Software Integrations: Integrates with accounting and PSA software like ConnectWise, Halo, and Autotask for easy reconciliation. |
Supported White-Labeled Portal: Offers a white-labeled payment portal for a customized customer experience. |
Supported Data Security: Prioritizes data security with bank-level encryption. |
Supported Payment Data Insights: Provides insights into payment data to improve cash flow management. |
Alternative Payments pricing
The commentary is based on 4 reviews from Alternative Payments G2 reviews.
We find that users generally appreciate Alternative Payments' pricing, especially considering the time savings and automation it offers. One user did mention potential fees depending on the chosen payment method, but overall, the sentiment towards the pricing is positive.
See the Alternative Payments pricing page.
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.
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.
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
TeamGuruStreamlines business payments, automates reconciliation, integrates with accounting software.Read more
IRIS Bill PaymentAutomate business billing and payments, boosting efficiency and cash flow.Read more
Alternative Payments FAQ
Alternative Payments is a B2B payment platform for Managed Service Providers (MSPs). We find that it simplifies invoicing, automates payments, and offers flexible options like ACH and credit cards. It also integrates with accounting software for seamless reconciliation.
What is Alternative Payments and what does Alternative Payments do?
Alternative Payments is a B2B payment platform for Managed Service Providers (MSPs). We find that it simplifies invoicing, automates payments, and offers flexible options like ACH and credit cards. It also integrates with accounting software for seamless reconciliation.
Alternative Payments integrates with popular accounting and PSA software. We find this particularly helpful for seamless reconciliation, especially with platforms like ConnectWise, Halo, and Autotask. This streamlines financial operations for our users.
How does Alternative Payments integrate with other tools?
Alternative Payments integrates with popular accounting and PSA software. We find this particularly helpful for seamless reconciliation, especially with platforms like ConnectWise, Halo, and Autotask. This streamlines financial operations for our users.
We find that Alternative Payments competes with platforms like FlexPoint, TeamGuru, and Anchor. These alternatives offer similar features such as automated billing, payment processing, and integrations with accounting software. Other competitors include IRIS Bill Payment, Hopscotch, and Fortis.
What the main competitors of Alternative Payments?
We find that Alternative Payments competes with platforms like FlexPoint, TeamGuru, and Anchor. These alternatives offer similar features such as automated billing, payment processing, and integrations with accounting software. Other competitors include IRIS Bill Payment, Hopscotch, and Fortis.
In our experience, Alternative Payments is a legitimate platform. They offer transparent pricing and robust security measures. Their high G2 rating of 4.8 from 11 reviews suggests a positive user experience. We find that their focus on MSPs makes them a reliable option for this specific target market.
Is Alternative Payments legit?
In our experience, Alternative Payments is a legitimate platform. They offer transparent pricing and robust security measures. Their high G2 rating of 4.8 from 11 reviews suggests a positive user experience. We find that their focus on MSPs makes them a reliable option for this specific target market.
Alternative Payments offers three pricing plans. The first plan costs $199/month for up to $50k in monthly processing volume. The second plan costs $499/month for up to $100k in monthly volume. They also have a custom plan for higher volume businesses. We found no free trials or free plans mentioned.
How much does Alternative Payments cost?
Alternative Payments offers three pricing plans. The first plan costs $199/month for up to $50k in monthly processing volume. The second plan costs $499/month for up to $100k in monthly volume. They also have a custom plan for higher volume businesses. We found no free trials or free plans mentioned.
We find that Alternative Payments' customer service is generally responsive and helpful, especially with technical issues and onboarding. Some users mention occasional glitches with payouts, but the support team actively works to resolve these problems.
Is Alternative Payments customer service good?
We find that Alternative Payments' customer service is generally responsive and helpful, especially with technical issues and onboarding. Some users mention occasional glitches with payouts, but the support team actively works to resolve these problems.
Reviewed by
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.
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.
An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.