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Global Online Payment Methods: First Half 2014

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NEW YORK, June 10, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Global Online Payment Methods: First Half 2014

http://www.reportlinker.com/p01202976/Global-Online-Payment-Methods-First-Half-2014.html

1.) Credit cards maintain their lead in global online payments, with alternatives encroaching

Security remains a major issue on the global online payments market. Surveys show that more than a third of Internet users globally who do not shop online cite distrust to online payments as their reason for not making purchases, though this consumer concern varies greatly by country and region.

Moreover, an important trend is integration of payments across various channels. Banks, payment processers, card companies and multi-channel merchants globally are working toward integration of online payments with mobile and POS payment, while mobile wallets start to offer services beyond mobile payments, and merchants increasingly opt for a single payment provider across channels.

Mobile payments, both online and in-store, are predicted to continue strong growth worldwide, with customer adoption improving. About a quarter of the global consumers used their mobile phones for financial or banking transaction last year, and the number of payments with mobile handsets is forecasted to grow rapidly in the next few years to reach several billions by 2018. The region leading worldwide by share of mobile on total B2C E-Commerce payments is the Middle East & Africa.

Competition on the global online and mobile payments market is fierce, with major players developing and employing innovations in recent months. Amazon launched promotion of its Login and Pay processing service for online merchants, while Google launched a prepaid card connected to Google Wallet and plans to expand its payment services further. Visa and MasterCard added a cloud-based solution to its NFC payment offers, using the Host Card Emulation technology. PayPal, which generated almost EUR 5 billion in revenues in 2013, launched a new branding campaign with focus on mobile. Moreover, expansion into online and mobile payments is anticipated from large players Apple and Facebook.

In the USA, alternative payment methods are expanding to rival debit and credit cards in both online and offline retail. A digital currency trend also continues to evolve. The online retail payment market in the USA grew by a small double-digit share in 2013, reaching several hundreds of EUR billion. M-Commerce payments amounted to a medium-high double-digit figure in EUR billion, split almost evenly between tablets and mobile phones. In Canada, online payment by card continued to be the leading method.

In Latin America, the number of internet users and potential shoppers that do not have credit cards has led to substantial presence of alternative payment methods. Only in Brazil does the percentage of the adult population with a relationship with a bank surpass 80%. The online and mobile payment markets in Brazil grow, spurred by regulation, widening penetration and deployment of new technologies. Boleto Bancario was the second most used payment method in Brazil, after bank credit card. In Argentina last year the payment method most used by over 50% online shoppers was credit card, while cash payments upon receipt and such services as Pago Facil and Rapi Pago also popular. In Mexico, the largest share of B2C E-Commerce sales is generated through credit card payment, while the other popular method is cash on delivery.

Cards account for the largest share of B2C E-Commerce transactions in Europe, while digital wallets are in second place. European Union legislators are working on improving the electronic payments regulations considering such issues as security. In Germany, invoice remains the leading payment method in online shopping, perceived as both the most secure and most convenient method. But other methods, such as credit card and digital wallets, are on the rise. In Austria, the leading method both in M-Commerce and B2C E-Commerce was credit card, while online shoppers in Switzerland most used invoice in online shopping and credit card in mobile shopping.

Online payment is the largest contributor to card payment growth in the UK, with annual growth of over 10%. The use of contactless cards in on the rise: in early 2014, the monthly value of payments by contactless cards in the UK exceeded a hundred GBP 100 million for the first time. In France, credit card remains the most preferred payment method in B2C E-Commerce, followed by PayPal and similar services. The year-on-year growth of online credit card payments in France slowed to a single-digit percentage in early 2014. Online card spending in Italy was growing year-on-year in every month of 2013, while in Spain, the two payment methods most used in online shopping in 2013 were Bank Credit Card and PayPal.

Credit card was the most preferred payment method in both B2C E-Commerce and M-Commerce in Sweden, though the share of online shoppers there preferring credit card decreased between 2012 and 2013. Card use dominated payments in Denmark and Norway also in both B2C E-Commerce and M-Commerce, while in Finland online bank transfer was ahead of cards.

Cash on delivery remains the dominant payment method in online shopping in Russia, though use of credit cards and alternative payment is on the rise there. More than half of online shoppers prefer to pay on delivery with cash, but a growing number now reaching nearly a quarter of shoppers prefers to pay with card either online or upon delivery. Cash on delivery is also the most use method of payment in the Czech Republic. Online shoppers in Turkey predominately use a credit card for purchases. E-Commerce transaction with cards in Turkey reached a value of over EUR 10 billion. Also in Estonia B2C E-Commerce transactions with bank cards are significant, with cross-border transactions by far outweighing the domestic ones.

Digital wallets had a substantial share on total B2C E-Commerce payments in the Asia-Pacific region, though still behind credit and debit card. "Security" and "Convenience of the Payment Method" were among the top decision factors in B2C E-Commerce for online shoppers in the region.

In Japan, payments in B2C E-Commerce are dominated by prepayment with a credit card, followed by cash or card payments upon delivery in distant second. Over the counter payments for online purchases also are popular. Though NFC payments arrived in Japan in 2013, contactless payment with cards is likely to continue dominating this market segment. In South Korea, credit card payments are most common in E-Commerce, while regulations are strict about security of such payments. In distant second, the payment method following card payments was money transfer.

Mobile payments had a boom last year in China, with gross merchandise volume of third-party mobile payment growing by around 7-8 times, sparked by mobile shopping. Still more growth is expected as competition intensifies. The number of online payment users in China topped a quarter of a billion, while value of payments increased by half. Alipay accounted for the largest share of the online payments market in China in 2013, while Tenpay was in second place. Alipay was also the largest player on the Chinese third-party payment market, with its dominance even more evident than in online payments.

In other areas of Asia, the share of cash on delivery on B2C E-Commerce payments in India is forecasted to decrease from 2013 to 2016, though still account for around a half of the market as credit card and mobile payment increase there. In Indonesia, bank transfer was the most preferred payment method in B2C E-Commerce last year, followed by cash on delivery.

Cash on delivery remains the major payment method in the growing B2C E-Commerce in the Middle East and Africa. This method accounted for almost a half of E-Commerce transactions, while cards accounted for a third. As of 2013, credit card was the online payment method most used in B2C E-Commerce in South Africa, followed by bank transfer. The region's leader in mobile payments, Kenya, generated a small double-digit number in EUR billion of mobile payments in 2013

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1. Management Summary

2. Global
•Online Payment Overview and Trends, H1 2014
•Value of B2C E-Commerce Payment Transactions, by Method, in USD billion, and in % CAGR, 2012 & 2017f
•Breakdown of B2C E-Commerce Payment Transactions, by Methods, in %, by Regions, 2012
•Payment-Related Reasons for Not Shopping Online More Often, Compared to Other Reasons, in % of Online Shoppers Who Buy Online Less than Once a Month, by Selected Countries, September 2013
•Reasons for Not Shopping Online, in % of Internet Users Who Do Not Shop Online, incl. Payment, 2012 & 2013
•Mobile Payment Overview and Trends, H1 2014
•Number of Contactless Mobile Payment Transactions, in billions, 2014f & 2018f
•Top Countries and Regions by Share of Mobile Payments on Total B2C E-Commerce Payment Transactions, in %, 2012
•Alternative Online Payment Overview and Trends, H1 2014
•Breakdown of B2C E-Commerce Payment Transactions, by Cards and Alternative, in %, 2012 & 2017f
•Cross-Border B2C E-Commerce Payment Overview and Trends, H1 2014
•Online Gaming Payment Overview and Trends, H1 2014
•Online Travel Payment Overview and Trends, H1 2014
•Online and Mobile Payment News about Players, H1 2014

3. North America

3.1. North America (Regional)
Breakdown of B2C E-Commerce Transactions by Payment Method, in %, 2012

3.2. USA (Top Country)
•Online and Mobile Payment Trends and News about Players, H1 2014
•Online Retail Payment Market Value, in USD Billion, 2011 - 2013
•Breakdown of B2C E-Commerce Payments, by Method, in %, 2013
•Breakdown of Preferred Payment Methods in B2C E-Commerce, in %, by Desktop Buyers, Tablet Buyers and Mobile Buyers, Q2 2013
•Most Important Online Shopping Benefits, Incl. Payment Options, in % of Online Shoppers Using Multiple Devices, January 2014
•Breakdown of M-Commerce Payments, by Table and Mobile Phone, in %, 2013
•Methods Used in Mobile Payments, in % of Mobile Payment Users, 2013
•Usage of Mobile Payments, by Service Provider, in % of Individuals, 2013
•Usage of Mobile Banking and Mobile Payment, in % of Individuals, 2013
•Usage of Digital Currencies, in % of Internet Users, Q2 2013 & Q4 2013, Ranked by Q4 2013
•Companies Most Trusted to Provide Mobile Digital Wallet, in % of Consumers, 2013

3.3. Canada
•Breakdown of Preferred Payment Methods in B2C E-Commerce, in % of Online Shoppers, February 2014
•Payment Methods Used in B2C E-Commerce, in % of Online Shoppers, 2010 & 2012
•Online Storage of Cards with Merchants, by Merchant, in % of Consumers, February 2014
•Most Important Mobile Phone Enhancements Relating to Mobile Payment or Mobile Banking, in % of Consumers, February 2014

4. Latin America

4.1. Latin America (Regional)
•Breakdown of B2C E-Commerce Transactions by Payment Method, in %, 2012
•Online Shopper Penetration on Banked and Unbanked Population with Internet Access, in %, and Banking Penetration on Total Adult Population, in %, 2013

4.2. Brazil (Top Country)
•Online and Mobile Payment Trends and News about Players, H1 2014
•Share of Credit Card Owners Paying Online With Credit Card, in %, 2010 - 2013
•Breakdown of the Most Used Payment Methods in B2C E-Commerce, in % Online Shoppers Who Own a Credit Card, 2013
•Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013

4.3. Argentina
•Payment Methods Used in B2C E-Commerce, in % of Online Shoppers, 2013
•Payment Methods Offered in B2C E-Commerce, in % of Online Shops, 2013

4.4. Chile
•Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013

4.5. Colombia
•Breakdown of Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2013
•Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013

4.6. Dominican Republic
•Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013

4.7. Mexico
•Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2013
•Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013
•Share of Internet Users Covered by Banking Services who Visit Online Banking Portals and Share of Internet Users Visiting Online Banking Portals who Make Banking Transactions Online, in %, 2012 & 2013
•Operations Carried Out with Online Banking, in % of Online Banking Users, 2012 & 2013

4.8. Peru
•Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013

5. Europe (Regional)
•Online and Mobile Trends and News about Players, H1 2014
•Breakdown of B2C E-Commerce Transactions by Payment Method, in %, 2012
•Breakdown of Payment Methods Most Preferred in B2C E-Commerce, in % of Online Shoppers, by Selected Countries and Sub-Regions, 2013
•Payment-Related Reasons for Not Shopping Online More Often, Compared to Other Reasons, in % of Online Shoppers Who Buy Less than Once a Month, by Selected Countries, September 2013
•Concerns about Use of Online Banking and Online Shopping in the EU, in % of Internet Users, March 2012 & June 2013
•Share of Internet Users who are Concerned about Security of Online Payments in Online Banking and Online Shopping in the EU, by Country, June 2013 & March 2012

6. Central Europe

6.1. Central Europe (Sub-Regional)
•Breakdown of the Latest Online Purchase, by Payment Method, in % of Online Shoppers, by Physical Goods, Digital Goods and Services, 2013
•Top 3 Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, by Country, 2013

6.2. Germany (Top Country)
•Online and Mobile Payment Trends and News about Players, H1 2014
•Breakdown of Interactive Retail Sales by Payment Methods, in EUR million and in %, 2012 & 2013
•Breakdown of Payment Methods Used to Buy Digital Goods, in %, by Age Groups and Total, 2013
•Preferred Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2013
•Offered Payment Methods in B2C E-Commerce, in % of Online Shops, 2013
•Most Secure Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2013
•Breakdown of the Importance of Factors in Online Shopping, Incl. Payment, in % of Online Shoppers, January 2014
•Used Payment Methods in M-Commerce, in % of Mobile Shoppers, 2013
•Most Important Factors in M-Commerce, incl. Mobile Payment Security, in % of Online Shoppers, 2013
•Overview of Acceptance of NFC Payments at POS, by Visa PayWave, MasterCard PayPass, Vodafone SmartPass, and Girogo, 2013

6.3. Austria
•Used Payment Methods in M-Commerce, in % of Mobile Shoppers, 2013

6.4. Switzerland
•Used Payment Methods in M-Commerce, in % of Mobile Shoppers, 2013

7. Western Europe

7.1. UK (Top Country)
•Online and Mobile Payment Trends and News about Players, H1 2014
•Online Card Spending, in GBP billion, 2008 & 2012
•Fraud Losses in Online Card Spending, in GBP million, 2008 & 2012
•Online Card Payment Fraud, in GBP million, by Fraud Against UK-Based Online Retailers and Overseas-Based Online Retailers, 2012 & 2013e
•Number of Terminals with Contactless Payment Functionality, in thousands, 2012 & 2013, and February 2013 - February 2014
•Number of Cards with Contactless Payment Functionality, in millions, 2012 & 2013, and February 2013 - February 2014
•Value of Contactless Payment Transactions, in GBP million, February 2014 & March 2014

7.2. France (Top Country)
•Online and Mobile Payment Trends and News about Players, H1 2014
•Year-on-Year Growth of Online Credit Card Payments Value per Month, in %, April 2013 - April 2014
•Number of Retail Stores with Contactless Payment Terminals, in thousands, 2011 - 2013 & January 2014 - March 2014
•Number of Contactless Payment Cards, in millions, 2011 - 2013 & January 2014 - March 2014

7.3. Belgium
•Payment Methods Offered in B2C E-Commerce, in % of Online Merchants, 2012 & 2013
•Payment Methods Offered in M-Commerce via Smartphones, in % of M-Commerce Merchants, 2013

7.4. Italy
•Top Payments and M-Commerce Website and App Categories Visited on Smartphone, by in % of Smartphone Owners and in % Year-on-Year Growth, 3 Months to November 2013
•Online Credit Card Spending, in EUR million and in % Year-on-Year Change, January 2013 - January 2014
•Share of E-Commerce on Total Credit Card Spending, in %, February 2014

7.5. Netherlands
•Breakdown of B2C E-Commerce Transactions by Payment Methods, in %, 2012/2013

7.6. Spain
•Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013
•Payment Systems in B2C E-Commerce, in % of Online Merchants, February 2014
•Share of Online Merchants Accepting Cross-Border Payments, in %, and Share of Online Merchants Offering Country-Specific Methods in Cross-Border Payments, in %, February 2014
•Overview of Acceptance of NFC Payments at POS, by Visa PayWave, Caisa Bank, and MasterCard PayPass, 2013

8. Eastern Europe

8.1. Russia (Top Country)
•Online and Mobile Payment Trends and News about Players, H1 2014
•Payment Methods Used in B2C E-Commerce, in % of Online Shoppers, September 2013
•Breakdown of the Last B2C E-Commerce Purchase, in % of Online Shoppers, September 2013
•Breakdown of the Preferred B2C E-Commerce Payment Method, in % of Online Shoppers, September 2013
•Payment Methods Used in B2C E-Commerce, in % of Online Shoppers, 2010 - 2013

8.2. Czech Republic
•Payment Methods Used in B2C E-Commerce, in % of Online Shoppers, by Gender and Age Group, Q2 2013
•Payment Methods Used in B2C E-Commerce, in % of Online Shoppers, 2013

8.3. Estonia
•Value and Number of Domestic B2C E-Commerce Card Transactions, by Debit and Credit Cards and Total, in EUR million and in thousands, Q2 2012 - Q1 2014
•Value and Number of Cross-Border B2C E-Commerce Card Transactions, by Debit and Credit Cards and Total, in EUR million and in thousands, Q2 2012 - Q1 2014

8.4. Turkey
•Breakdown of Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012
•Number and Value of Domestic E-Commerce Transactions with Cards, in millions and in TRY billion, Q1 2012 - Q1 2014
•Number and Value of Cross-Border E-Commerce Transactions with Cards, in millions and in TRY million, Q1 2012 - Q1 2014

9. Scandinavia

9.1. Sweden (Top Country)
•Breakdown of the Preferred Payment Methods in B2C E-Commerce and M-Commerce, in %, Q3 2013
•Breakdown of the Preferred Payment Methods in B2C E-Commerce, in % of Online Shoppers, Q3 2012 & Q4 2013

9.2. Denmark
•Breakdown of the Preferred Payment Methods in B2C E-Commerce and M-Commerce, in %, Q3 2013
•Breakdown of the Last B2C E-Commerce Purchase by Payment Methods, in % of Online Shoppers, 2013
•Breakdown of Credit/Debit Card Payment for the Last B2C E-Commerce Purchase, by Card Brands, in %, 2013

9.3. Finland
•Breakdown of the Preferred Payment Methods in B2C E-Commerce and M-Commerce, in %, Q3 2013

9.4. Norway
•Breakdown of the Preferred Payment Methods in B2C E-Commerce and M-Commerce, in %, Q3 2013

10. Asia-Pacific

10.1. Asia-Pacific (Regional)
•Breakdown of B2C E-Commerce Transactions by Payment Method, in %, 2012
•Top Factors in Online Shopping, incl. Payment, in % of Online Shoppers, 2013
•Awareness of Payment-Related Mobile Technologies, in % of Consumers, 2013
•Breakdown of Preferred Payment Methods, incl. Electronic Payment, in % of Consumers, by Selected Countries, September 2013
•Breakdown of Readiness to Shop Online Using Smartphone or Tablet with Payment Card Details Stored Safely on the Device, in %, by Selected Countries, September 2013

10.2. Japan (Top Country)
•Online and Mobile Trends and News about Players, H1 2014
•Breakdown of Electronic Cash Usage, in % of Consumers, February 2014
•Payment Instruments Used for Ordinary Expenditures, by Cash, Credit Cards and Electronic Money, in %, by Payment Value, 2012

10.3. South Korea (Top Country)
•Online and Mobile Payment Trends and News about Players, H1 2014
•Breakdown of E-Commerce Sales by Payment Method, in %, 2012 & 2013

10.4. China (Top Country)
•Online and Mobile Payment Trends and News about Players, H1 2014
•Number of Online Payment Users, in millions and in % Share of Internet Users, December 2012 & December 2013
•GMV of Third-Party Online Payment, in CNY trillion, and Growth in %, 2010-2017f
•Breakdown of Third-Party Online Payment GMV, by Segment, in %, 2009 - 2013e
•Breakdown of Third-Party Online Payment Market, by Players, in %, 2013
•Number of Mobile Payment Users, in millions and in % Share of Mobile Internet Users, December 2012 & December 2013
•GMV of Third-Party Mobile Payment, in CNY billion, and Growth in %, 2010-2017f
•Breakdown of Third-Party Mobile Payment GMV, by Segment, in %, 2009-2016f
•Mobile Payment Transaction Value, in CNY billion, 2012 & 2013
•Breakdown of Third-Party Mobile Payment Market, by Providers, in %, 2013
•Breakdown of Preferred Payment Methods in Cross-Border B2C E-Commerce, in % of Online Shoppers, 2013

10.5. Australia
•Breakdown of Main Reasons to Get a Credit Card, incl. Online Shopping, in % of Credit Card Owners, 2013
•Breakdown of Main Usage of Credit Card, incl. Online Shopping, in % of Credit Card Owners, 2013

10.6. India
•Breakdown of B2C E-Commerce Payments, by Method, in %, 2013 & 2016f
•Share of Online Payment on Total Credit Card Spending, in %, 2013

10.7. Indonesia
•Payment Methods Preferred in B2C E-Commerce, in % of Online Shoppers, 2013

11. Middle East & Africa

11.1. Middle East & Africa (Regional)
•Online and Mobile Payment Trends and News about Players, H1 2014
•Breakdown of B2C E-Commerce Transactions by Payment Method, in %, 2012

11.2. Middle East (Sub-Regional)
•Most Offered Payment Methods in B2C E-Commerce, in % of Online Shops, 2012 & 2013

11.3. Africa (Sub-Regional)
•Payment Methods Used for Online Booking of Business Trips, in % of Business Travel Decision-Makers, by Countries and Total, 2013
•Share of Internet Users who Do Not Shop Online Because of Concerns about Safety of Online Payment Transactions, by Selected Countries, in %, January 2014

11.4. South Africa (Top Country)
•Online Payment Methods Used in B2C E-Commerce, in % of Online Shoppers, December 2013
•Breakdown of Online Payment Methods Preferred in B2C E-Commerce, in % of Online Shoppers, December 2013
•Credit Cards Used in B2C E-Commerce, by Brands, in % of Online Shoppers who Pay with Credit Cards, December 2013

11.5. Kenya
•Mobile Payment Statistics, incl. Number of Transactions, in millions, Value of Transactions, in KES billion, Number of Customers, in millions, and Number of Agents, in thousands, 2008 - 2013

11.6. Morocco
•Value and Number of B2C E-Commerce Transactions Made with Bank Cards, in MAD million and in millions, 2012 & 2013

To order this report: Global Online Payment Methods: First Half 2014
http://www.reportlinker.com/p01202976/Global-Online-Payment-Methods-First-Half-2014.html

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