---
title: "Payment methods - NexPay"
description: "The ways a payer can pay — bank transfers, cards, cash networks, and wallets — and how arrival speed differs between them."
lastModified: "2026-06-02"
lang: "en"
url: https://nexpay.com.au/training/quotes-and-methods/payment-methods
---
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# Payment methods - NexPay

## At a glance

- **Intended for:** Payers & agents
- **Reading time:** 5 minutes
- **Last updated:** 1st June 2026

**TL;DR:** Payers can pay by bank transfer (including local instant rails like PIX, SPEI, and Open Banking), by card (credit or debit, sometimes with installments), by cash and convenience networks, or by digital wallets — depending on their country. Methods are shown grouped by how fast the recipient receives funds, from Instant to a few business days. The methods on offer always match the payer's country.

{/* Body content for payment methods */}

## More ways to pay than you'd expect

One of the quiet advantages of NexPay is that payers can usually pay the way they already pay for everything else — their local bank transfer, their card, even cash at a convenience store in some countries. You don't have to adopt an unfamiliar system to send tuition. This article runs through the families of payment methods and, importantly, how they differ in speed.

> **For agents and schools:** When a payer asks "how can I pay?", the honest answer is "with what you already use." Knowing the families below lets you reassure them quickly — and steer them to a fast method when a deadline is tight.

## The four families

Whatever the country, payment methods fall into four broad families:

**Bank transfers.** Moving money straight from the payer's bank. This includes fast local rails that clear quickly — **PIX** in Brazil, **SPEI** in Mexico, **Open Banking** in Australia, **Faster Payments** in the UK, **SEPA** across the Eurozone, and **Interac** in Canada, among others. Bank transfer is often the lowest-cost option.

**Cards.** Credit and debit cards, including the familiar networks. Cards are convenient and quick to pay with, and on some cards you can split the payment into installments (see [paying in installments](/training/quotes-and-methods/paying-in-installments.md)).

**Cash and convenience networks.** In several countries — particularly across Latin America — a payer can pay through cash or convenience-store networks like **Boleto** in Brazil or **OXXO** in Mexico. Useful for payers who prefer not to pay online.

**Digital wallets.** Region-specific wallets and mobile money, such as **Mercado Pago** in Latin America or **M-Pesa** in parts of Africa.

> **Worth knowing:** These local methods aren't an afterthought bolted onto a generic platform. NexPay's team uses them every day in the regions they serve, which is why they work the way payers expect.

## Speed is the thing to watch

Here's the practical part. When a payer chooses a method, NexPay groups the options by **how fast the recipient receives the funds**:

- **Instant** — the recipient receives funds instantly
- **Within hours**
- **1–2 business days**
- and **longer** for methods that take more time

This grouping is there for a reason: tuition has deadlines. If fees are due in two days, the payer can see at a glance which methods will arrive in time and choose accordingly. A fast local bank transfer might land instantly; another method might take a few business days. Same payment, very different timing — and now it's visible up front.

> **Quick tip:** If a payer is close to a deadline, point them to an **Instant** or **Within hours** method. It's the difference between a payment that arrives comfortably and one that cuts it fine.

## The methods always match the country

You'll never be shown a method you can't actually use. NexPay presents only the options available for the **payer's country** — so a payer in Brazil sees Brazilian methods, and a payer in the UK sees theirs. This is why two payers can see entirely different lists, and it's a feature, not an inconsistency: each sees what genuinely works where they are. For the country-by-country picture, see [payment options by country](/training/quotes-and-methods/payment-options-by-country.md).

## Method and cost

Different methods can carry different rates and fees, which is why the quote step shows the totals for each option rather than a single number. When comparing, the figure that matters is the **you send** amount on each variant — that's what the payer actually pays. The full explanation is in [exchange rates and quotes](/training/quotes-and-methods/exchange-rates-and-quotes.md).

## Your next step

- **Want to know what your country offers?** See [payment options by country](/training/quotes-and-methods/payment-options-by-country.md).
- **Comparing the cost of methods?** Read [exchange rates and quotes](/training/quotes-and-methods/exchange-rates-and-quotes.md).
- **Interested in splitting the cost?** See [paying in installments](/training/quotes-and-methods/paying-in-installments.md).
- **Curious how long things take overall?** Read [processing times and fees](/training/quotes-and-methods/processing-times-and-fees.md).

## Checkpoint

After reading this, you should be able to:

- Name the four families of payment methods — bank transfers, cards, cash networks, and wallets
- Recognise local methods like PIX, Boleto, SPEI, PSE, Webpay, and Open Banking
- Explain that methods are grouped by how fast the recipient receives funds
- Tell a payer near a deadline to choose an Instant or Within-hours method
- Understand why the methods shown depend on the payer's country

## Frequently asked questions

### What payment methods can I use?

It depends on your country, but they fall into four families — bank transfers (including fast local rails), cards (credit or debit), cash and convenience-store networks, and digital wallets. When you pay, NexPay shows exactly which methods are available where you are, so you never have to guess.

### Which method is fastest?

Bank transfers on instant local rails — like PIX in Brazil — can reach the recipient instantly. Cards are quick to pay with too. Some methods take a few business days. Because NexPay groups the options by arrival speed, you can pick a fast one when a deadline is close.

### What are PIX, Boleto, SPEI, and the other local names?

They're local payment methods people already use day to day — PIX and Boleto in Brazil, SPEI in Mexico, PSE in Colombia, Webpay in Chile, Open Banking in Australia, and more. NexPay supports them so you can pay the way you normally do, rather than learning a new system.

### Can I pay with a credit or debit card?

In most countries, yes. Cards are convenient and quick. On some cards you can also split the payment into installments — see the installments guide. The exact card options depend on your country and are shown at payment time.

### Why don't I see a method a friend used?

Available methods depend on the country you're paying from. Someone in Brazil sees Brazilian options; someone in the UK sees theirs. NexPay only shows methods that actually work where you are, so two payers in different countries will see different lists.

### Does the method affect the cost?

It can. Different methods carry different rates and fees, which is why the quote step shows each option's totals. The best way to compare is the "you send" amount on each variant — see the exchange rates and quotes guide.

## More on NexPay

**Platform**

- [For students & parents](/for-students-and-parents.md)
- [For ed. agents](/for-education-agents.md)
- [For universities](/for-universities.md)
- [For schools](/for-schools.md)
- [For accommodation](/for-accommodation.md)
- [AI automation](/payments-ai-automation.md)
- [Pricing](/pricing.md)

**Help & resources**

- [Training](/training.md)
- [Contact](/contact-us.md)
- [Developers](/api.md)
- [Zapier integration](/zapier.md)
- [Claude & ChatGPT](/mcp.md) — Claude & ChatGPT integration

**Company**

- [About](/about.md) — About NexPay
- [Jobs](/about.md#jobs)
- [Blog](/blog.md)
- [Media](/media.md)
- [Events](/events.md)

**Trust & locations**

- [Trust & Regulatory](/trust.md)
- [Our offices](/locations.md)

**Legal**

- [Terms and Conditions](/terms-and-conditions/)
- [Privacy policy](/privacy-policy/)
- [Cookie Policy](/cookie-policy/)
- [Complaints Policy](/complaints-policy/)
- [Financial Services Guide](/financial-services-guide/)
- [Product Disclosure Statement](/product-disclosure-statement/)
- [AML Policy](/aml-policy/)
- [Target Market Determination](/target-market-determination/)
- [Group Regulatory Disclosure](/group-regulatory-disclosure/)
- [Fees & FX Schedule](/fees-and-fx/)
- [Developer & API Terms](/developer-terms/)

## NexPay

NexPay Pty Ltd (ABN 56 153 910 984) holds Australian Financial Services Licence No. 560782 and is authorised to provide non-cash payment services to retail and wholesale clients in Australia.

- **Address:** Level 12, 64 York St, Sydney NSW 2000, Australia
- **Support:** [support@nexpay.com.au](mailto:support@nexpay.com.au)
- **Status:** [https://nexpay1.statuspage.io/](https://nexpay1.statuspage.io/)

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© NexPay Pty Ltd