DUBLIN--(BUSINESS WIRE)--The "Global Alternative Online Payment Methods: Second Half 2017" report has been added to ResearchAndMarkets.com's offering.
A new report Global Alternative Online Payment Methods: Second Half 2017 includes the payment preference for online shopping in over 30 countries. The report predicts that the leadership of payment cards in worldwide E-Commerce will give way to digital payments such as PayPal and Alipay by 2021.
E-Wallets, exemplified by PayPal and Alipay, are the most common of the new payment alternatives used by global online shoppers. Other popular payment methods include transfer to a seller's bank account or cash on delivery. This latter payment method continues to dominate in E-Commerce in the Middle East and Eastern Europe. There are also other country specific payment alternatives to card payments, but the global trend is toward digital wallets, expected to account for almost one half of online retail sales payments by 2021, according to a forecast cited in this latest report.
The Asia-Pacific region is the leader in this trend, as digital and mobile wallet payments were used for nearly 50% of all E-Commerce there last year. In global E-Commerce leader China, alternative payment through third party processors is growing at double digit rates. The report points to other countries where alternative methods have already overtaken the use of plastic, though the publication also tells of markets such as France and Belgium where credit cards still predominate in online payment.
Questions Answered in this Report
- What are the leading alternative online payment methods worldwide?
- How do alternative methods rank against payment cards in 30+ global markets?
- What is the forecast for the share of alternative online payment methods in global E-Commerce by 2021?
- How do the preferences of online shoppers in different countries with regard to payment methods vary?
- What are the key payment trends in the world's top 5 E-Commerce markets?
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
- Ant financial services
- Apple
- China UnionPay
- Klarna
- iDeal
- MasterCard
- Mobikwik
- Oxxo
- PayPal
- PayU
- Paytm
- Tencent
- Visa
- Wal-Mart
For more information about this report visit https://www.researchandmarkets.com/research/n6547x/global?w=4
