AVP (Alternative Payment Systems)

AVP, or Alternative Payment Systems, refer to methods of transferring money that differ from traditional banking and cash transactions. These systems include options like digital wallets (PayPal, Apple Pay), cryptocurrencies (Bitcoin), and other online or mobile-based payment platforms. They enable quick, secure, and often contactless payments, making financial transactions more convenient and efficient. AVPs are especially popular for online shopping, remittances, and peer-to-peer transfers. They operate independently of conventional banking infrastructure, often offering innovative features such as enhanced privacy, lower fees, or faster processing times.