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Global eCommerce Payments Market: 2024-2029 Full Research Suite

Publisher Juniper Research
Published Aug 27, 2024
Length 130 Pages
SKU # JNRH19878041

Description

Our eCommerce Payments research suite provides a detailed and insightful analysis of this evolving market; enabling stakeholders such as payments vendors, financial institutions, and technology vendors to understand future growth, key trends and the competitive environment. A wide range of payments systems support the eCommerce market, from credit card and debit card payments to alternative payment methods such as BNPL (Buy Now, Pay Later). In order for online purchases to be made conveniently, eCommerce merchants must use payment providers to optimise the acceptance of online payments. Adapting the checkout process, to provide a variety of payment options and to make it easier to collect payment details, can increase customer loyalty and reduce cart abandonment.

The suite includes several different options that can be purchased separately, including access to data mapping the future growth of eCommerce transactions, an insightful study uncovering the latest trends and opportunities within the market, and a document containing extensive analysis of the 19 market leaders in the eCommerce Payments space. The coverage can also be purchased as a Full Research Suite, containing all of these elements, at a substantial discount.

Collectively, they provide a critical tool for understanding this rapidly emerging market; allowing payment service providers and eCommerce platforms to shape their future strategy. Its unparalleled coverage makes this research suite an incredibly useful resource for charting the future of such an uncertain and fast-growing market.

KEY FEATURES

Market Dynamics: Insights into key trends and market expansion challenges within the eCommerce Payments market; identifying consumer trends in popular payment methods, addressing the challenges eCommerce markets face regarding transaction fees; the changing trends in types of payment; how payment processors can facilitate interoperability; and the challenges and opportunities faced by online payment processors. The research also features a Country Readiness Index on the current development and segment growth of the eCommerce Payments market across 8 key regions, as well as providing a future outlook.
Key Takeaways & Strategic Recommendations: In-depth analysis of key development opportunities and findings within the eCommerce payments market, accompanied by strategic recommendations for stakeholders.
Benchmark Industry Forecasts: The eCommerce payments dataset includes forecasts for total value of the eCommerce market, including the total expected revenue for payment gateways, and how different payment methods will be used.
Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 19 eCommerce payments vendors, via the Juniper Research Competitor Leaderboard; featuring market size for major players in the eCommerce payments industry.

Please note: the online download version of this report is for a global site license.

Table of Contents

130 Pages
1. Key Takeaways and Strategic Recommendations
1.1 Key Takeaways
1.1.1 The Majority of eCommerce will be Conducted via Mobile Devices
1.1.2 A2A Payments for eCommerce Poised for Significant Market Share Growth
Figure 1.1: Total eCommerce Transaction Value ($m) for A2A Payments, Split by Eight Key Regions, 2024-2029
1.1.3 ‘Alternative’ Payment Methods Have Become Mainstream
1.2 Strategic Recommendations
1.2.1 Improve Interoperability
1.2.2 Simplify Refund Payments; Build Consumer and Merchant Trust
1.2.3 Develop Partnerships to Improve Localised Payments
2. Market Landscape
2.1 Introduction & Definitions
2.2 History of eCommerce and eCommerce Payments
Table 2.1: Distribution of B2C online purchases worldwide (%) in 2023, by channel
i. Impact of the COVID-19 Pandemic
2.3 Key Players in the eCommerce Payments Market
2.3.1 Payment Gateway
Figure 2.2: eCommerce Payments Process
i. How do Payment Gateways work?
ii. External Gateways vs Embedded Checkouts
2.3.2 Payments Processer
2.3.3 Payment Services Provider
Figure 2.3: Payment Services Provided by PSPs
2.3.4 Payments Orchestration Platforms
2.4 eCommerce Verticals
2.4.1 B2B
i. Increased Use of Virtual Cards in B2B eCommerce Payments
2.4.2 C2C
2.4.3 Social Commerce
2.5 Key Trends & Drivers
2.5.1 Local Acquiring Lowers Costs to Merchants
2.5.2 Streamline Recurring Payments in a Subscription Economy
2.5.3 New Regulations Coming into Force
i. Europe
ii. China
2.5.4 Opportunities in eCommerce Payments
2.5.5 Introducing Fraud Solutions to Small Businesses
2.5.6 Interoperability to Facilitate Cross-Border eCommerce
Figure 2.4: The Three Tenets of Payment Interoperability
2.6 Challenges for eCommerce payments
2.6.1 Increasing Interoperability Between Payment Systems
2.6.2 Navigating Return Payments
3. Segment Analysis
3.1 Payment Methods Landscape
3.1.1 A2A
Figure 3.1: The Process of Making A2A Payments
Figure 3.2: The Total Value of A2A eCommerce Transactions ($m), Split by Eight Key Regions, 2024-2029
3.1.2 Card Payments
i. Credit Cards
Figure 3.3: Total Value of eCommerce Transactions Made Via Credit Cards ($m), Split by Eight Key Regions, 2024-2029
ii. Debit Cards
Figure 3.4: Total Value of eCommerce Transactions Made Via Debit Card ($m), Split by Eight Key Regions, 2024-2029
iii. Prepaid cards
3.1.3 Digital Wallets
Figure 3.5: Total Value of eCommerce Transactions Made Using Digital Wallets ($m), Split by Eight Key Regions, 2024-2029
i. Open Banking
ii. Card Linked Wallets
Figure 3.6: Digital Wallet Funding Types
iii. Non-card Linked Wallets
3.1.4 Direct Carrier Billing
Figure 3.7: Total Value of eCommerce Transactions Made Via Direct Carrier Billing ($m), Split by Eight Key Regions, 2024-2029
3.1.5 BNPL
Figure 3.8: Total Value of eCommerce Transactions Made Using BNPL ($m), Split by Eight Key Regions, 2024-2029
3.1.6 Cash Agents and Equivalent
Figure 3.9: Total Value of eCommerce Transactions Made Using Cash ($m), Split by Eight Key Regions, 2024-2029
3.1.7 Cryptocurrency
3.1.8 CBDC
4. Country Readiness Index
4.1 Introduction to Country Readiness Index
Figure 4.1: eCommerce Payments Country Readiness Index Regional Definitions
Table 4.2: Juniper Research Country Readiness Index Scoring Criteria: eCommerce Payments
Figure 4.3: Juniper Research Country Readiness Index: Global eCommerce Payments Market
Table 4.4: eCommerce Payments Country Readiness Index: Market Segments ..
4.1.1 Focus Markets
Figure 4.5: Total eCommerce Transaction Value per Annum ($m), Split by 7 Key Markets, 2024-2029
i. Payments Innovations
ii. China
iii. India
4.1.2 Growth Markets
i. Urbanisation
Figure 4.6: Total eCommerce Transaction Value ($m) of Growth Markets, 2024-2029
ii. Singapore
4.1.3 Saturated Markets
Figure 4.7: Total eCommerce Transaction Value ($m) of Saturated Markets, 2024-
i. Pockets of Growth
4.1.4 Developing Markets
Figure 4.8: Total Transaction Value ($m), Eight Key Developing Markets, 2024-2029
i. Reliance on Cash
ii. Economic Challenges
Table 4.9: Juniper Research’s Country Readiness Index Heatmap: North America
Table 4.10: Juniper Research’s Country Readiness Index Heatmap: Latin America
Table 4.11: Juniper Research’s Country Readiness Index Heatmap: West Europe
Table 4.12: Juniper Research’s Country Readiness Index Heatmap: Central & East Europe
Table 4.13: Juniper Research’s Country Readiness Index Heatmap: Far East & China
Table 4.14: Juniper Research’s Country Readiness Index Heatmap: Indian Subcontinent
Table 4.15: Juniper Research’s Country Readiness Index Heatmap: Rest of Asia Pacific
Table 4.16: Juniper Research’s Country Readiness Index Heatmap: Africa & Middle East
1. Competitor Leaderboard
1.1 Why Read This Report
Table 1.1: Juniper Research Competitor Leaderboard: eCommerce Payment Vendors Included & Product Portfolio
Figure 1.2: Juniper Research Leaderboard: eCommerce Payment Vendors
Table 1.3: Juniper Research Leaderboard: eCommerce Payments Vendors & Positioning
Table 1.4: Juniper Research Leaderboard Heatmap: eCommerce Payments (Part One)
Table 1.5: Juniper Research Leaderboard Heatmap: eCommerce Payments (Part Two)
1.2 eCommerce Payments Vendor Profiles
1.2.1 ACI Worldwide
i. Corporate
Table 1.6: ACI Worldwide’s Revenue ($ billion), 2021-2023
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities
1.2.2 Adyen
i. Corporate
Table 1.7: Adyen’s Revenue and Growth, (€ billion), 2021-2023
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities
1.2.3 Amazon Pay
i. Corporate
Table 1.8: Amazon’s Revenue, ($ million), 2021-2023
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities ..
1.2.4 Block
i. Corporate
Table 1.9: Block’s Revenue ($bn), 2021-2023
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities ..
1.2.5 Boku
i. Corporate
ii. Geographic Spread
iii. Key Clients and Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths and Strategic Recommendations
1.2.6 Checkout.com
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities ..
1.2.7 Fiserv
i. Corporate
Table 1.10: Fiserv’s Revenue ($bn), 2021-2023
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities
1.2.8 Opayo
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities
1.2.9 PayPal
i. Corporate
Table 1.11: PayPal’s Financial Snapshot ($ billion), 2021-
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities
1.2.10 Paysafe
i. Corporate
Table 1.12: Paysafe’s Revenue ($ billion), 2021-2022
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities
1.2.11 Primer
i. Corporate
ii. Geographic Spread
iii. Key Clients and Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities ..
1.2.12 Rapyd
i. Corporate
ii. Geographic Spread
iii. Key Clients and Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths and Strategic Opportunities
1.2.13 Shopify
i. Corporate
Figure 1.13: Shopify’s Revenue, ($bn), 2021-2023
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities ..
1.2.14 Stripe
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities ..
1.2.15 Trustly
i. Corporate
Figure 1.14: Trustly’s Revenue, ($m), 2021-2023
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities ..
1.2.16 Verifone
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities
1.2.17 Visa Acceptance Solutions
i. Corporate
ii. Geographical Spread
iii. Key Clients and Strategic Partnerships
Figure 1.15: Visualisation of the Use of Visa Acceptance Solutions
iv. High-level View of Offerings
Figure 1.16: Visualisation of Visa Acceptance Platform
v. Juniper Research’s View: Key Strengths & Strategic Opportunities
1.2.18 WePay
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities
1.2.19 Worldpay
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Opportunities
1.3 Juniper Research Leaderboard Assessment Methodology
1.3.1 Limitations & Interpretations
Table 1.17: Juniper Research Competitor Leaderboard Scoring Criteria
1. Market Overview Forecast
1.1 Introduction
1.2 Definitions
1.3 Methodology & Assumptions
Figure 1.1: Forecast Methodology – Physical Goods
Figure 1.2: Forecast Methodology – Digital Goods
Figure 1.3: Forecast Methodology – Payment Type
2. Market Forecast Summary
2.1.1 Volume of eCommerce Transactions, Split by Region
Figure & Table 2.1: Total eCommerce Transactions ($m), Split by 8 Key Regions, 2024-2029
2.1.2 Total eCommerce Transaction Value
Figure & Table 2.2: Total eCommerce Transaction Value ($m), Split by 8 Key Regions, 2024-2029
2.1.3 Total eCommerce Transaction Value
Figure & Table 2.3: Total eCommerce Transaction Value ($m), Split by Payment Method, 2024-
2.1.4 Total mCommerce Transaction Value
Figure & Table 2.4: Total eCommerce Transaction Value ($m), All Mobile Devices, Split by 8 Key Regions, 2024-2029
2.1.5 Total Gateway Revenue for eCommerce Transactions
Figure & Table 2.5: Total eCommerce Gateway Revenue per annum ($m), Split by 8 Key Regions, 2024-2029
3. Market Forecast: Remote Payments for Physical Goods
3.1.1 Unique Purchasers of Remote Physical Goods
Figure & Table 3.1: Unique Purchasers of Remote Physical Goods ($m), Split by 8 Key Regions, 2024-2029
3.1.2 Total Transaction Volume for Remote Physical Goods
Figure & Table 3.2: Total Transaction Volume for Remote Physical Goods per Annum (m), Split by 8 Key Regions, 2024-2029
3.1.3 Total Transaction Value for Remote Physical Goods
Figure & Table 3.3: Total Transaction Value for Remote Physical Goods ($m), Split by 8 Key Regions, 2024-2029
3.1.4 Gateway Revenue per Annum ($m) from Online Physical Goods Sales
Figure & Table 3.4: Gateway Revenue per Annum ($m) from Online Physical Goods Sales, Split by 8 Key Regions, 2024-2029
3.1.5 Number of Remote Physical Goods Transactions
Figure & Table 3.5: Number of Remote Physical Goods Transactions, Split by Market Share of Payment Methods (%), 2024 - 2029
3.1.6 Total Value of Remote Physical Goods Transactions
Figure & Table 3.6: Total Value of Remote Physical Goods Transactions ($m), Split by Payment Type, 2024-2029
4. Market Forecast: Remote Payments for Digital Goods
4.1.1 Unique Purchasers of Remote Digital Goods
Figure & Table 4.1: Unique Purchasers of Remote Digital Payments (m), Split by 8 Key Regions, 2024 - 2029
4.1.2 Total Transaction Volumes for Remote Digital Goods Sales
Figure & Table 4.2: Total Transaction Volumes for Remote Digital Goods (m), Split by 8 Key Regions, 2024-2029
4.1.3 Total Transaction Value for Remote Digital Goods Sales
Figure & Table 4.3: Total Transaction Value for Remote Digital Goods Sales ($m), Split by 8 Key Regions, 2024-2029
4.1.4 Number of Remote Digital Good Transactions
Figure & Table 4.4: Number of Remote Digital Goods Transactions, Split by Market Share of Payment Method (%), 2024 - 2029
4.1.5 Gateway Revenue for Remote Digital Goods Sales
Figure & Table 4.5: Gateway Revenue for Remote Digital Goods per Annum ($m), Split by 8 Key Regions, 2024-2029

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