DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Asia-Pacific Online Payment Methods: Second Half 2016" report to their offering.
The biggest B2C E-Commerce region by sales is the Asia-Pacific. The report reveals a predominant trend that mobile payments are becoming more popular there. Consumers are more prone to use alternative payment methods like mobile wallets in comparison with other areas around the globe.
The leader of the mobile purchasing trend is China, says the report, with total mobile payment users nearing the number of total online payment users. Furthermore, in 2016, the amount of mobile payments using third-party services like Alipay and Tenpay exceeded desktop-based Internet payments. Other markets are also projected to increasingly utilize mobile payment methods. For example, South Korea showed strong double digit figure growth in daily average use of mobile payments. In India, by 2020 mobile wallets are forecasted to extend their share of online payments by multiple percentage points.
This report also gives further insight in the Asia-Pacific region about payment-related online consumer attitudes. Whereas online consumers in Japan and Australia prefer to make online purchases via bank card, Southeast Asian shoppers prefer ATM or online bank transfer methods. Overall, consumers prioritize convenience and safety when shopping online or by mobile device.
Key Questions Answered
- What payment methods account for the largest share of E-Commerce sales in Asia-Pacific?
- How do payment preferences of online shoppers in China differ from those in Japan?
- What are the top payment methods used by online shoppers in Southeast Asia?
- How many mobile shoppers in Asia-Pacific use mobile wallets?
What are the key mobile payment trends in Asia-Pacific?
Key Topics Covered:
1. Management Summary
2. Global Developments
- AT Kearney Ltd
- Age Group Ltd
- Airtel Money SA
- Alipay.com Ltd
- Analysys Ltd
- Android Inc.
- Apple Inc.
- Axis Bank Ltd
- Bank of Japan
- Bank of Tokyo-Mitsubishi UFJ Ltd
- Barista Coffee Co Ltd
- Bic Camera Inc.
- Business Standard Ltd
- Café Coffee Day
- Deloitte Inc.
- Economic Times Ltd
- Euromonitor International Inc.
- Family Mart Co
For more information about this report visit http://www.researchandmarkets.com/research/7tdbnh/asiapacific