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Global Alternative Online Payment Methods: Full Year 2016

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Global Alternative Online Payment Methods: Full Year 2016 - Report Projects Alternative Online Payment Methods to Outrank Credit Cards M2 Communications
Dublin - Research and Markets has announced the addition of the "Global Alternative Online Payment Methods: Full Year 2016" report to their offering.

Despite over half of worldwide online customers using credit cards to make purchases, more than 50% of E-Commerce sales are completed through alternative payment methods. Information cited in the report estimates that the combined share of different alternative payment methods in global E-Commerce sales will rise, leaving the share of bank cards at a decrease.

Alternative payment methods are particularly favored over bank cards in emerging markets such as China . Here, E-Wallets like Alipay made up for more than half of online sales. Research within the report also found that in Indonesia and Thailand , online consumers prefer bank transfers, but in Vietnam , this method comes second after cash on delivery. Cash on delivery is also the most favored method from E-Commerce consumers in many select developing markets due to the level of banking penetration being lower than in other advanced economies.

In advanced markets such as the USA , Canada , Japan , South Korea , the UK , and Sweden , credit card online payments remain in the lead. Notably, exceptions to this trend are in Germany and the Netherlands where alternative payment methods outrank bank card payments.

Key Questions Answered

- What are the leading alternative payment methods used by online shoppers worldwide?

- How do online payment method preferences vary across 25 markets in different regions?

- How large is the share of alternative payment methods in global E-Commerce predicted to be in 2020?

- What are the most important criteria applied by online shoppers when choosing a method to pay?

Companies Mentioned:

- Airtel Payments Bank Ltd

- Alipay.com Co. Ltd.

- Amazon.com Inc.

- American Express Co. Inc.

- Android Inc.

- Apple Inc.

- Axis Bank Ltd

- Flipkart Online Services Pvt. Ltd.

- Freecharge Payment Technologies Pvt Ltd

- HDFC Bank Ltd

- Suica

- Target Co.

- Tencent Holdings Ltd.

- Tenpay Ltd.

- Visa Inc.

- Wal-Mart Stores

- Waon Development Ltd.

- Wells Fargo & Co.

- Worldpay Inc.

- Yodobashi Camera Co. Ltd.

- (40 Others)

Key Topics Covered:

1. Management Summary

2. Global Developments

3. Asia-Pacific

4. Europe

5. North America

6. Latin America

7. Middle East

8. Africa

For more information about this report visit http://www.researchandmarkets.com/research/czhpcq/global

CONTACT:

Research and Markets ,

Laura Wood ,

Senior Manager.

press@researchandmarkets.com

Fax from USA : 646-607-1907

Fax from rest of the world: +353-1-481-1716

Related Topics: E-Business (http://www.researchandmarkets.com/categories.asp?cat_id=41&campaign_id=czhpcq), Online Banking (http://www.researchandmarkets.com/categories.asp?cat_id=313&campaign_id=czhpcq)




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