Global Online Payment Methods: First Half 2016 - The Top 10 Merchant Acquirers, by Volume, in USD Billion - Research and Markets

News provided by

Oct 03, 2016, 10:10 ET

DUBLIN, October 3, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Online Payment Methods: First Half 2016" report to their offering.

This report turns its attention to how shoppers pay for online purchases. Among the findings revealed in the publication is the growing concern of online shoppers and merchants regarding the security of payment information.

Payment security is a top priority for online shoppers in many countries around the globe, affecting their chose of payment method. Over half of surveyed buyers expressed worries about their personal information when paying via mobile. In the mature market of the USA, a quarter of Internet-connected households stated in a 2015 survey, cited in the report, that they avoided making online purchases out of fear of compromise of personal finance information.

In spite of those security concerns, the report reveals that online payments are growing inexorably in value and number and evolving in methods. Mobile payments are gaining ground, especially among younger shoppers, for in-store as well as online purchases. Digital payment methods such as PayPal and AliPay have grown in popularity, rivaling credit card use in some markets.

Nevertheless, credit card remains the top payment method used by online shoppers globally, though cash on delivery is still widely used in regions such as Eastern Europe, the Middle East and Africa.

Key Global Developments

Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2015
Payment Methods Used in Online Shopping, by Regions, in % of Online Shoppers, October 2015
Value of Online Payment Fraud, in USD billion, 2015 & 2020f
Breakdown of Online Payment Fraud by Segments, in % and in USD billion, 2020f
Breakdown of Innovations that are Expected to Have the Largest Impact on Payment Fraud Prevention in the Next 3-5 Years, in %, October 2015
Breakdown of the Means of Security Protection for Consumers Making Mobile Payment that are Expected to Become Dominant by 2030, in %, October 2015
Mobile Payment Usage In-Store and Online, in % of Respondents, by Generation, 2015
Perception of Security of Mobile Payments, in % of Respondents, by Generations, 2015
Number of Mobile Money Accounts, by Registered and Active, by Selected Regions, in millions, December 2015
Breakdown of Types of Payments Made with Mobile Money, by Number of Transactions and Value of Transactions, in %, December 2015
Mobile P2P Money Transfer Transaction Value, in USD billion, 2014 & 2019f
Number of P2P Mobile Money Transfer Users, in millions, 2014 - 2019f
Mobile Proximity Payment Transaction Value, in USD billion, 2014 & 2019f
Number of Proximity Mobile Payment Users, in millions, 2014 - 2019f
Top 10 Merchant Acquirers, by Volume, in USD billion, 2015

Key Questions Answered

How do online shoppers in various countries worldwide prefer to pay?
In which countries do alternative online payment methods rank above credit cards?
What factors are important to global shoppers when paying online and via mobile?
How is mobile payment acceptance evolving worldwide?
What role does security play in online and mobile payments?

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

AliPay
Android Pay
Apple Pay
Boleto Bancario
Cielo
CurrentC
GetNet
Google Wallet
iDEAL
MasterCard
PagBrasil
PayPal
QIWI Wallet
Qiwi
Rede
Samsung
Sofort Überweisung
Starbucks
Tencent
Visa
Walmart pay
WeChat Pay
Yandex.Money

For more information about this report visit http://www.researchandmarkets.com/research/6kmwvx/global_online

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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

SOURCE Research and Markets