Europe Online Payment Methods 2019
Mobile wallets in Europe, an uptrend reported by yStats.com
A new report from yStats.com, Germany-based secondary market research firm, highlights the trends in the European online payments market. The report, entitled “Europe Online Payment Methods 2019”, reveals that payments to European E-Commerce platforms are still dominated by digital wallets and credit cards.
European shoppers’ preferred method of online payment varies
The two most popular payment methods in Europe were PayPal and credit or debit cards, according to a statistic cited in the yStats.com report, making up a vast majority of 2018 E-Commerce sales in Europe. Country-specific alternative payment methods act against this trend in both the Netherlands and Poland among others.
The growth of mobile payments
Smartphones, wearables, and tablets are rising form of mobile payment in Europe, notwithstanding that the region falls behind Asia-Pacific, as quoted in the yStats.com report. The leaders in this trend include the UK and the Scandinavian countries, particularly in the case of in-store mobile payments.
Security and variety are valued among online shoppers
Surveys referenced in the yStats.com report deduce that across Europe, online shoppers want E-Commerce platforms’ checkout to have an assortment of payment methods. Alternative payment methods mark especial significance in France, with nearly a quarter of online shoppers listing it as a reason to visit a specific online shop.
- 1. Management Summary
- 2. Global Developments
- Breakdown of Card Payments by E-Commerce and POS Payments, in %, 2016 & 2022f
- Payment Methods Accepted in Online Stores, in % of Online Stores, February 2018
- Reasons For Not Shopping Online, incl. Payment-Related, in % of Internet Users Who Do Not Shop Online, Q1 2017 & Q1 2018
- Online Payment Fraud Losses, in USD billion, 2018e & 2023f
- Share of Respondents Who Would be Willing to Use Fingerprint or Other Biometric to Secure Their Payment Details, in %, 2018
- Mobile Payment User Penetration, by Region, in % of Internet Users, Q4 2017
- Proximity Mobile Payment User Penetration, by Region, in % of Smartphone Users, 2017-2022f
- Top 10 Countries by Proximity Mobile Payment User Penetration, in % of Smartphone Users, 2019f
- Share of Internet Users Who Are Likely To Use Mobile Payment Next Year, in % of Internet Users, by Selected Regions and Country Groups, Q1 2017 & Q1 2018
- Share of Internet Users Who Are Likely To Use Mobile Payment Next Year, in % of Internet Users, by Selected Countries, Q1 2018
- Mobile Wallet User Penetration, in % of Respondents, by China, Germany, India, Taiwan, the USA and the UK, 2018
- Number of Contactless Payment Users of Apple Pay, Samsung Pay, Google Pay and Other OEM Pay, in millions, 2018e & 2020f
- Retail Spending at Frictionless Payment Stores, in USD million, 2018e & 2023f
- IoT Payments, in USD billion, 2018e & 2023f
- IoT Payments, in USD billion, by Connected Car and Connected Home Device Payments, 2021f
- 3. Europe
- 3.1. Regional
- Online and Mobile Payment Trends and News about Players, February 2019
- Breakdown of E-Commerce Transactions by Payment Method, in %, 2018e
- Top Payment Methods Preferred in E-Commerce, in % of Online Shoppers, 2016 – 2018
- Top Payment Methods Preferred in E-Commerce, in % of Online Shoppers, by Selected Countries, 2018
- Payment Methods Accepted in Online Stores, in % of Online Stores, February 2018
- Share of Internet Users Who Say They Would Never Use Selected Payment Providers to Pay for Goods and Services (Online or In-Store), in % of Internet Users, April 2018
- Attitudes to Security of Online Shopping, incl. Payment-Related, in % of Online Shoppers, by the UK, Germany and Austria, April 2018
- 3.2. Advanced Markets
- 3.2.1. UK
- Breakdown of E-Commerce Transactions by Payment Method, in %, April 2018
- Top 10 Reasons for Shopping Cart Abandonment, in % of Online Shoppers, 2018e
- Share of Online Shoppers Who Want Merchants to Offer a Range of Payment Options, in %, July 2018
- Share of Online Shoppers Who Have Abandonment an Online Transaction Due to the Payment Process, in %, 2014 & 2018
- Attitudes to Slow Payment Process, in % of Online Shoppers, July 2018
- Card-Not-Present Purchase Fraud Loss on UK-Issued Cards, by E-Commerce, Mail Order and Telephone Order and Total Remote, in GBP million, and Share of Total Card Purchase Fraud Loss, in %, 2011 - 2016 & H1 2017 - H1 2018
- Knowledge of Technology Trends, incl. Mobile Payments, in % of Consumers, 2016 - 2018
- Innovative Payment Methods That Millennial Online Shoppers Plan to Use in the Future, July 2018
- Current and Future Use of Apple Pay, Google Pay and Samsung Pay, Compared to Debit/Credit Cards, in % of Online Shoppers, by Age Group, July 2018
- General Usage of Payment Methods, by Used in the Previous 6 Months and Never Used, incl. Contactless Mobile Payment Methods and Cards, in % of Internet Users, April 2017 & February 2018
- Number of Proximity Mobile Payment Users, in millions, 2017-2019f
- Usage of FinTech Disruptors Compared to Banks, in % of Internet Users, July 2018
- 3.2.2. Germany
- Payment Methods Preferred in E-Commerce, by Type of Seller Purchased From, in % of Online Shoppers, April 2018
- Payment Methods Preferred in E-Commerce, in % of Online Shoppers, by Ranked First and Ranked Between First and Fifth, 2016 & 2017
- Breakdown of B2C E-Commerce Product Sales by Payment Methods, in %, 2016 & 2017
- Share of Online Shoppers Always Choosing to Pay with Their Preferred Payment Method When It Is Offered, in %, 2017
- Breakdown of Attitude to Paying by Invoice, in % of Online Shoppers, April 2018
- Breakdown of Attitude to Using/Offering Biometric Authentication for Payments in Online Shops Among Consumers and E-Commerce Merchants, 2017
- Breakdown of Importance of Payment Topics in Merchants’ Payment Strategy Until 2020, in % of E-Commerce Merchants, 2018
- Payment Methods that E-Commerce Merchants Plan to Start Accepting in 2018/2019, in % of E-Commerce Merchants, 2018
- Breakdown of Usage of 3D Secure for Credit Card Payments, in % of E-Commerce Sellers, 2016 - 2018
- Preference for Paying via Smartphone Compared to Cash and Cards, by Type of Payment, in % of Consumers, August 2018
- Mobile Payment User Penetration, in % of Consumers, and Mobile Payment Apps Used, in % of Mobile Payment Users, August 2018
- Most Trusted Mobile Payment Providers, in % of Consumers, August 2018
- Number of Proximity Mobile Payment Users, in millions, 2017-2019f
- 3.2.3. France
- Payment Methods Preferred in E-Commerce, in % of Online Shoppers, July 2018
- Attitude Towards Alternative Payment Methods in E-Commerce, in % of Online Shoppers, March 2018
- Breakdown of Main Barriers That Make Consumers Hesitant to Purchase Online, in %, by Total Population and Online Shoppers, June 2018
- Share of 3D Secure Payments, in % of Online Card Payments, April 2011 – April 2018
- Mobile Payment Awareness and Usage, in % of Smartphone Users, November 2017
- Breakdown of Mobile Payment App Usage In-Store, in % of Internet Users, February 2018
- Breakdown of Attitudes Towards Mobile Payments, in % of Internet Users, February 2018
- 3.2.4. Spain
- Payment Methods Used in E-Commerce, in % of E-Commerce Professionals, July 2018
- Payment Methods Used in E-Commerce, in % of Online Shoppers, 2017 & 2018
- Breakdown of Factors Most Important in Online Payment Methods, in % of Online Shoppers, October 2018
- Breakdown of Preferred Payment Methods, by Store Type, incl. Online, in % of Internet Users, June 2018
- 3.2.5. Italy
- Payment Methods Preferred in E-Commerce, in % of Online Shoppers, July 2018
- Breakdown of the Number of Online Purchase Transactions by Payment Methods, in %, Q1 2018
- Breakdown of Number of Online Purchase Transactions by Payment Methods, by Purchase of Physical Products and of Digital Goods and Services, in %, Q1 2018
- Average Online Purchase Transaction Value by Payment Method, in EUR, Q1 2018
- Breakdown of Awareness and Usage of New FinTech Services, in % of Internet Users, 2018
- Online and Mobile Retail Payment Value by Segment, in EUR billion, and Year-on-Year Change, in %, 2016 & 2017
- 3.2.6. Netherlands
- Breakdown of Online Purchases by Payment Methods, in %, 2016 & 2017
- Share of “iDEAL” in Number of Mobile Purchases, in %, 2016 & 2017
- 3.2.7. Sweden
- Breakdown of Payment Methods Preferred in E-Commerce, in % of Online Shoppers, Q4 2017
- Payment Methods Used and Preferred in Online and Mobile Shopping, in % of Online Shoppers, Q2 2018
- Share of Online Shoppers Who Stored Their Card Information Compared to Online Shoppers Who Want to Avoid Entering Card Details When Shopping Online, in % of Online Shoppers, Q2 2018
- 3.2.8. Belgium
- Top 3 Payment Methods Used in E-Commerce, in % of Online Shoppers, 2018
- Breakdown of Payment Methods Used in E-Commerce, in % of Online Shoppers, April 2018, and Change Compared to 2017 and 2011
- Factors Preventing Online Shoppers From Making Purchases Via Mobile, incl. Payment-Related, in % of Online Shoppers, April 2018
- 3.2.9. Norway
- Payment Methods Used and Preferred in Online and Mobile Shopping, in % of Online Shoppers, Q2 2018
- 3.2.10. Denmark
- Payment Methods Used and Preferred in Online and Mobile Shopping, in % of Online Shoppers, Q2 2018
- 3.2.11. Finland
- Payment Methods Used and Preferred in Online and Mobile Shopping, in % of Online Shoppers, Q2 2018
- 3.2.12. Austria
- Top 5 Payment Methods Preferred in E-Commerce, in % of Online Shoppers, 2016 & 2017
- Awareness and Usage of Payment Methods in E-Commerce, in % of Online Shoppers, June 2018
- 3.2.13. Switzerland
- Breakdown of Product Sales of E-Commerce and Mail Order Companies by Payment Methods, in %, 2016 & 2017
- Top 5 Payment Methods Preferred in E-Commerce, in % of Online Shoppers, 2016 & 2017
- Payment Methods Preferred in E-Commerce, in % of Online Shoppers, July 2018
- 3.2.14. Ireland
- Payment Methods Preferred in E-Commerce, in % of Online Shoppers, July 2018
- 3.2.15. Luxembourg
- Breakdown of E-Commerce Transactions by Payment Method, in %, April 2018
- 3.3. Emerging Markets
- 3.3.1. Russia
- Payment Methods Used in E-Commerce, in % of Online Shoppers, by Gender, Location Type and Total, 2017
- Breakdown of Last Online Purchase from a Russian Online Store by Payment Method, in %, 2017 & 2018
- Online Payment Services Used to Pay for Products and Services Online, in % of Internet Users in Large Cities, 2017 & 2018
- Online Payment Methods Used to Pay for Products and Services Online, by Desktop and Smartphone, in % of Internet Users in Large Cities, 2017 & 2018
- Online Payment Methods Used to Pay for Products and Services Online, by Desktop and Smartphone, in % of Internet Users in Large Cities, 2018
- Share of Apple Pay, Samsung Pay and Android Pay Users, by Age Group and Total, in % of Internet Users in Large Cities, 2018
- 3.3.2. Turkey
- Breakdown of Payment Methods Used in E-Commerce, in % of Orders, 16 Months to April 2018
- Breakdown of E-Commerce Transactions by Payment Method, in %, April 2018
- Top Payment Methods Accepted in Online Shops of the Top 100 Retailers in Turkey, in % of Top 100 Retailers with an Online Shop, July 2018
- Top 3 Credit Cards Accepted in Online Shops of the Top 100 Retailers in Turkey, in % of Top 100 Retailers Accepting Credit Cards in Their Online Shops, July 2018
- Number of Domestic E-Commerce Transactions with Domestic Bank Cards, in millions, and Value, in TRY million, Q1 2016 – Q3 2018
- Number of Cross-Border E-Commerce Transactions with Domestic Bank Cards, in millions, and Value, in TRY million, Q1 2016 – Q3 2018
- 3.3.3. Poland
- Breakdown of E-Commerce Transactions by Payment Method, in %, April 2018
- Payment Methods Used in E-Commerce, in % of Online Shoppers, 6 Months to November 2018
- Breakdown of Fast Transfer Services Used Most Often, in % of Online Shoppers Using Fast Transfer Services, April 2018
- Payment Methods Used in M-Commerce, in % of Mobile Shoppers, 6 Months to November 2018
- 3.3.4. Portugal
- Payment Methods Preferred in E-Commerce, in % of Online Shoppers, July 2018
- Payment Methods Used in E-Commerce, in % of Online Shoppers, 2018
- 3.3.5. Greece
- Top Payment Methods Used in E-Commerce, in % of Online Shoppers, 2018
- 3.3.6. Czech Republic
- Payment Methods Preferred in E-Commerce, in % of Online Shoppers, July 2018
- Breakdown E-Commerce Transaction Number and Value by Payment Methods, in %, 2017 & 2018e
- Breakdown of E-Commerce Transactions by Payment Method, in %, April 2018
- 3.3.7. Romania
- Payment Methods Preferred in E-Commerce, in % of Online Shoppers, July 2018
- Breakdown of E-Commerce Transactions by Payment Method, in %, April 2018
- Online Card Payment Value, in EUR million, 2015 - 2017
- Breakdown of Online Card Payments, by Mobile and Desktop, in %, 2018
- 3.3.8. Hungary
- Payment Methods Preferred in E-Commerce, in % of Online Shoppers, July 2018
- 3.3.9. Ukraine
- Breakdown of Payment Methods Preferred in E-Commerce, in % of Online Shoppers, April 2018
- Top 3 Payment Methods Accepted by E-Commerce Websites, in % of E-Commerce Websites, 2017