Worldwide Online Payment Methods Landscape Report 2017

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Sep 18, 2017, 12:15 ET

DUBLIN, September 18, 2017 /PRNewswire/ --

The "Global Online Payment Methods: First Half 2017" report has been added to Research and Markets' offering.

The new publication, Global Online Payment Methods: First Half 2017, covers the variety of payment methods used by online shoppers worldwide. One interesting finding is that developing markets are quicker than mature markets to adopt new payment methods such as mobile.

While the findings of the report include that the preferred method of online payment varies widely by region and country, globally, credit cards and digital payment services are the most widely used. Debit cards, cash on delivery and bank transfers are the remaining methods in the top five. Consumers as well as merchants worldwide are concerned about security of online and mobile payments, as surveys cited in the report indicate that some consumers hesitate to adapt newer methods or to shop online, fearing loss or fraud.

The publication reports that developing economies are adopting new digital payment methods more rapidly than mature economies. Nine of the top ten countries where most Internet users are interested in mobile payments are developing markets, such as Indonesia, China, Kenya and Turkey. However, the advanced online market of the USA, for example, is also rapidly adopting newer payment methods such as mobile wallets. New regulations in the European Union are expected to facilitate the spread of innovative instant payments there. Online merchants worldwide are adapting to the variety of payment methods demanded by consumers, while maintaining vigilance to prevent fraud.

Key Questions Answered

What are the top payment methods preferred by online shoppers in different countries?
How do alternative payment methods fare compared to card payments online?
What are the main online and mobile payment trends worldwide?
What is the current state and the prospects of mobile payment solutions?
How important is payment security to global consumers and merchants?

Key Topics Covered:

1. Management Summary

2. Global Developments

3. Asia-Pacific

4. Europe

5. North America

6. Latin America

7. Middle East and Africa

Companies Mentioned

Amazon.com Inc
Ant financial services
Apple Inc
China UnionPay Co. Ltd
Deutsche Bank AG
GMO Payment Gateway Inc.
Google Inc
iDEAL BVKlarna Holding AB
Mastercard Inc
PayPal Holdings Inc
Samsung Pay Inc
Sofort AG
Tencent Holdings Ltd
Visa Inc

For more information about this report visit https://www.researchandmarkets.com/research/xj436n/global_online

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SOURCE Research and Markets