Global Alternative Online Payment Methods: Second Half 2016 Report - Traditional Bank Card Payments Fall Behind Alternative Online Payment Methods - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Alternative Online Payment Methods: Second Half 2016" report to their offering.

According to the research, credit card payments lag behind the total share of alternative payment methods in global E-Commerce sales in 2015 because of increased contributions from developing markets to worldwide online retail revenue, as well as evolving online consumer preferences in advanced markets. By 2020, the share of alternative online payments is forecasted to expand further.

The leading alternative online payment method is E-Wallet, used for close to one third of global E-Commerce sales, according to research cited in the report. Additionally, E-Wallet ranks second among payment methods used for cross-border online shopping. Furthermore, countries such as China, Italy, and Mexico have a large double-digit share of online consumers who are more partial to digital wallet providers like PayPal and Alipay than to other methods.

In general, bank card payments remain the top online payment method in many advanced markets. Even certain emerging markets such as Russia, have a tendency to use more bank card payments. Due to these varying attitudes, the research reveals that three quarters of online merchants utilize at least 3 varying online payment options.

Key Questions Answered:

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

- How high is the share of alternative methods vis-à-vis credit card in global E-Commerce?

- In which countries have alternative online payment methods outpaced bank card payments?

- What are some of the most important online and mobile payment trends?

- What are the top payment methods in shopping via mobile devices?

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

Companies Mentioned

- Airtel Money

- Alipay

- Amazon

- Android Pay

- Apple Pay

- Bank of Japan

- Daimler Financial Services

- Deloitte

- Google

- HDFC Bank

- ICICI Bank

- iDEAL

- Lawson

- MasterCard

- maxiPago!

- McDonald's

- Mercedes Pay

- Mi Pay

- MyTaxi app

- MyWallet

- Oxigen Wallet

- Oxxo

- PagSeguro

- PayCash

- PayPal

- Popmoney

- Prezelewy24

- PwC

- Rede

- Samsung Pay

- SBI

- Square Cash

- Worldpay

- Yodobashi Camera

For more information about this report visit http://www.researchandmarkets.com/research/ts9s68/global

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: E-Business, Online Banking

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: E-Business, Online Banking