diff --git a/addons/payment/models/payment_acquirer.py b/addons/payment/models/payment_acquirer.py
index 2e36d891344..325f58c3aff 100644
--- a/addons/payment/models/payment_acquirer.py
+++ b/addons/payment/models/payment_acquirer.py
@@ -150,6 +150,8 @@ class PaymentAcquirer(models.Model):
              "resized as a 64x64px image, with aspect ratio preserved. "
              "Use this field anywhere a small image is required.")
 
+    payment_option_ids = fields.Many2many('payment.option', string='Supported Payment Option')
+
     def _search_is_tokenized(self, operator, value):
         tokenized = self._get_feature_support()['tokenize']
         if (operator, value) in [('=', True), ('!=', False)]:
@@ -394,6 +396,35 @@ class PaymentAcquirer(models.Model):
                 'context': context,
             }
 
+class PaymentOption(models.Model):
+    _name = 'payment.option'
+    _description = 'Payment Option'
+
+    name = fields.Char(string='Name')
+    acquirer_ids = fields.Many2many('payment.acquirer', string="Acquirers", help="List of Acquirers supporting this payment option.")
+    image = fields.Binary(
+        "Image", attachment=True,
+        help="This field holds the image used for this payment option, limited to 1024x1024px")
+    image_medium = fields.Binary(
+        "Medium-sized image", attachment=True,
+        help="Medium-sized image of this payment option. It is automatically "
+             "resized as a 128x128px image, with aspect ratio preserved. "
+             "Use this field in form views or some kanban views.")
+    image_small = fields.Binary(
+        "Small-sized image", attachment=True,
+        help="Small-sized image of this payment option. It is automatically "
+             "resized as a 64x64px image, with aspect ratio preserved. "
+             "Use this field anywhere a small image is required.")
+
+    @api.model
+    def create(self, vals):
+        image_resize_images(vals)
+        return super(PaymentOption, self).create(vals)
+
+    @api.multi
+    def write(self, vals):
+        image_resize_images(vals)
+        return super(PaymentOption, self).write(vals)
 
 class PaymentTransaction(models.Model):
     """ Transaction Model. Each specific acquirer can extend the model by adding
diff --git a/addons/payment/views/payment_views.xml b/addons/payment/views/payment_views.xml
index c626657bc42..6b67db74ec6 100644
--- a/addons/payment/views/payment_views.xml
+++ b/addons/payment/views/payment_views.xml
@@ -112,6 +112,7 @@
                                         </div>
                                     </div>
                                     <field name="registration_view_template_id" groups="base.group_no_one"/>
+                                    <field name="payment_option_ids" widget="many2many_tags"/>
                                 </group>
                             </page>
                         </notebook>
@@ -376,5 +377,44 @@
             parent='root_payment_menu'
             groups='base.group_no_one'/>
 
+        <!-- Payment options -->
+        <record model="ir.ui.view" id="payment_option_form_view">
+            <field name="name">payment.option.form</field>
+            <field name="model">payment.option</field>
+            <field name="arch" type="xml">
+                <form string="Payment Option">
+                    <sheet>
+                        <field name="image" widget="image" class="oe_avatar" options='{"preview_image": "image_medium"}'/>
+                        <div class="oe_title">
+                            <h1><field name="name" placeholder="Name"/></h1>
+                        </div>
+                        <group group="base.group_no_one">
+                            <notebook>
+                                <page string="Acquirers list">
+                                    <field nolabel="1" name="acquirer_ids"/>
+                                </page>
+                            </notebook>
+                        </group>
+                    </sheet>
+                </form>
+            </field>
+        </record>
+
+        <record id="action_payment_option" model="ir.actions.act_window">
+            <field name="name">Payment Options</field>
+            <field name="res_model">payment.option</field>
+            <field name="view_type">form</field>
+            <field name="view_mode">tree,form</field>
+            <field name="help" type="html">
+                <p class="oe_view_nocontent_create">
+                    Click to create a payment acquirer.
+                </p>
+            </field>
+        </record>
+
+        <menuitem
+            action="action_payment_option"
+            id="payment_option_menu"
+            parent="root_payment_menu"/>
     </data>
 </odoo>
diff --git a/addons/website_payment/models/website.py b/addons/website_payment/models/website.py
index 540277d79c2..0bb533cd1c9 100644
--- a/addons/website_payment/models/website.py
+++ b/addons/website_payment/models/website.py
@@ -8,5 +8,8 @@ class Website(models.Model):
     _inherit = "website"
 
     @api.model
-    def payment_acquirers(self):
-        return list(self.env['payment.acquirer'].sudo().search([('website_published', '=', True)]))
+    def payment_options(self):
+        """ This function returns the list of payment options which are supported by payment acquirers that are published
+        """
+        options = self.env['payment.option'].sudo().search([('acquirer_ids', '!=', False)])
+        return [opt for opt in options if any(acq.website_published for acq in opt.acquirer_ids)]
diff --git a/addons/website_payment/views/website_payment_templates.xml b/addons/website_payment/views/website_payment_templates.xml
index c49937bb83f..95d5d44cbf2 100644
--- a/addons/website_payment/views/website_payment_templates.xml
+++ b/addons/website_payment/views/website_payment_templates.xml
@@ -1,12 +1,12 @@
 <?xml version="1.0" encoding="utf-8"?>
 <odoo>
-    <template id="header_footer_custom_payment" inherit_id="website.footer_default" customize_show="True" active="False" name="Payment Methods">
+    <template id="header_footer_custom_payment" inherit_id="website.footer_default" customize_show="True" active="False" name="Payment Options">
         <xpath expr="//div[@id='info']" position="inside">
-            <h4 class="payment_method_title">Payment Methods</h4>
+            <h4 class="payment_method_title">Payment Options</h4>
             <ul class="payment_method_list list-inline">
-                <t t-foreach="request.website.payment_acquirers()" t-as="acquirer">
+                <t t-foreach="request.website.payment_options()" t-as="option">
                     <li>
-                        <span t-field="acquirer.image_small" t-options='{"widget": "image", "alt-field": "name"}' />
+                        <span t-field="option.image_small" t-options='{"widget": "image", "alt-field": "name"}' />
                     </li>
                 </t>
             </ul>