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Global Alternative Online Payment Methods: Second Half 2016

Global Alternative Online Payment Methods: Second Half 2016

New yStats.com research reveals that traditional bank card payments fall behind alternative online payment methods

According to the yStats.com research, credit card payments lag behind the total share of alternative payment methods in global E-Commerce sales in 2015 because of increased contributions from developing markets to worldwide online retail revenue, as well as evolving online consumer preferences in advanced markets. By 2020, the share of alternative online payments is forecasted to expand further.
The leading alternative online payment method is E-Wallet, used for close to one third of global E-Commerce sales, according to research cited in the yStats.com report. Additionally, E-Wallet ranks second among payment methods used for cross-border online shopping. Furthermore, countries such as China, Italy, and Mexico have a large double-digit share of online consumers who are more partial to digital wallet providers like PayPal and Alipay than to other methods.

In general, bank card payments remain the top online payment method in many advanced markets. Even certain emerging markets such as Russia, have a tendency to use more bank card payments. Due to these varying attitudes, yStats.com research reveals that three quarters of online merchants utilize at least 3 varying online payment options.

Companies Mentioned:

Airtel Money, Alipay, Amazon, Android Pay, Apple Pay, Axis Bank, Bank of Japan, Bic Camera, BillSAFE, Braspag, Café Coffee Day, Capgemini, Car2go, Daimler Financial Services, Deloitte, Deutsche Telekom, Dotpay, Family Mart, FeliCa Networks, FreeCharge, Google, HDFC Bank, ICICI Bank, iDEAL, iPag, Klarna, Lawson, MasterCard, maxiPago!, McDonald’s, Mercedes Pay, Mi Pay, Moip Pagamentos, Mundipagg, MyTaxi app, MyWallet, Oxigen Wallet, Oxxo, PagSeguro, PayCash, PayPal, Paytm, PayU, Pingit, Popmoney, Prezelewy24, PwC, Rakuten Edy, Rede, Samsung Pay, SBI, Square Cash, Suica, Tenpay, Venmo, Visa, WeChat, Worldpay, Yodobashi Camera


1. Management Summary
2. Global Developments
Online and Mobile Payment Trends, H2 2016
Breakdown of E-Commerce Sales by Payment Methods, in %, 2015 & 2020f
Breakdown of the Number of Online Payment Options Offered, in % of Online Merchants, January 2016
Top 3 Payment Methods Preferred in Cross-Border Online Shopping, in % of Cross-Border Online Shoppers, August 2016
Top 3 Considerations When Choosing a Payment Method in Cross-Border Online Shopping,
in % of Cross-Border Online Shoppers, August 2016
Payment Methods Used in Mobile Shopping, in % of Mobile Shoppers, by Selected Regions, August 2016
3. Asia-Pacific
3.1. Regional
Breakdown of E-Commerce Sales by Payment Method, in %, 2015 & 2020f
3.2. China
Online and Mobile Payment Trends and News about Players, H2 2016
E-Wallet’s Share of E-Commerce Sales, in %, 2015
Payment Methods Used in Online Shopping, in % of Online Shoppers, 2016
Third-Party Online Payment Volume, in CNY trillion, by Two Comparative Estimates, Q1 2015 – Q2 2016
Breakdown of Third-Party Online Payment GMV by Players, in %, by Two Comparative Estimates, Q1 2016
3.3. Japan
Online and Mobile Payment Trends and News about Players, H2 2016
3.4. India
Online and Mobile Payment Trends and News about Players, H2 2016
Breakdown of E-Commerce Payment Volume by Payment Methods, in %, 2015 & 2020f
3.5. Australia
Share of Credit Cards in Number of Domestic B2C E-Commerce Payments, in %, FY 2010/11 and FY 2015/16
3.6. Indonesia
Breakdown of Payment Methods Used in Online Shopping, in % of Online Shoppers, December 2016
Breakdown of Reasons to Choose Payment via ATM, in % of Online Shoppers Who Pay for Online Purchases via ATM, December 2016
3.7. Thailand
Breakdown of E-Commerce Revenues of Retail and Wholesale Trade Companies by Payment Method, in %, 2015
4. Europe
4.1. Regional
Payment Methods Preferred in Online Shopping, in % of Online Shoppers, by Belgium, Germany, France, Italy, the Netherlands, the Nordics, Poland, Spain and the UK, May 2016
Share of Online Shoppers Who Abandoned Shopping Cart Due to Lack of Favorite Payment Method, in %, by Benelux, Germany, Nordics and the UK, June 2016
4.2. UK
Online and Mobile Payment Trends and News about Players, H2 2016
Payment Methods Most Trusted in Online Shopping, in % of Online Shoppers, November 2016
4.3. Germany
Online and Mobile Payment Trends and News about Players, H2 2016
Payment Methods Used in Online Shopping, in % of Online Shoppers, July 2016
Breakdown of B2C E-Commerce Sales by Payment Methods, by incl. Amazon and excl. Amazon, in %, 2015
4.4. France
Share of Respondents Who Trust PayPal with Personal Data, by Total, Ages 18-34, and Compared to a Bank, in %, June 2016
4.5. Russia
Share of Online Shoppers Paying by Bank Card and by Cash on Delivery, in %, October 2016
Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2016
4.6. Spain
Payment Methods Used in Online Shopping, in % of Online Shoppers, 2015 & 2016
4.7. Italy
Breakdown of Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2016
4.8. Netherlands
Breakdown of Online Purchases by Payment Methods, in %, H1 2015 & H1 2016
4.9. Sweden
Payment Methods Used and Preferred in Online and Mobile Shopping, in % of Online Shoppers, Q2 2016
4.10. Poland
Payment Methods Used in Online Shopping, in % of Online Shoppers, 6 Months to December 2016
4.11. Greece
Payment Methods Used in Online Shopping, in % of Online Shoppers, 2016
4.12. Czech Republic
Payment Methods Used in Online Shopping, in % of Online Shoppers, Q2 2016
5. North America
5.1. USA
Online and Mobile Payment Trends and News about Players, H2 2016
Top 3 Payment Methods Preferred in Online Shopping, in % of Online Shoppers, 2015 & 2016
Payment Methods Most Trusted in Online Shopping, in % of Online Shoppers, November 2016
5.2. Canada
Breakdown of E-Commerce Transaction Value by Payment Method, in %, 2015
6. Latin America
6.1. Regional
Payment Methods Used in Online Shopping, in % of Online Shoppers With Bank Account, July 2016
6.2. Brazil
Online and Mobile Payment Trends and News About Players, H2 2016
Breakdown of B2C E-Commerce Sales by Payment Methods, in %, 2015
6.3. Mexico
Top 10 Payment Methods Used in Online Shopping, in % of Online Shoppers, 2015 & 2016
Online Payment Methods Used in Online Shopping, by Device Used, in % of Online Shoppers, August 2016
Offline Payment Methods Used in Online Shopping, by Device Used, in % of Online Shoppers, August 2016
7. Middle East
7.1. Regional
Share of Online Shoppers in MENA Who Prefer to Pay with Cash on Delivery, in %, March 2016
Breakdown of Share of Cash On Delivery, in % of E-Commerce Companies in MENA, October 2016
Share of Cash On Delivery in Total Online Shopping in the Middle East, in %, 2015
7.2. UEA
Breakdown of Online Shoppers by Shoppers Who Prefer to Pay Online and Who Prefer to Pay On Delivery, in %, November 2016
7.3. Saudi Arabia
Top Payment Method Preferred in Online Shopping, by Selected Product Categories, in % of Millennial Online Shoppers, 2015
8. Africa
8.1. Regional
Payment Methods Most Used in Online Shopping, in % of Online Shoppers*, by Ghana, Kenya, South Africa, Uganda, December 2016
8.2. South Africa
Breakdown of Payment Methods Preferred in Online Shopping, in % of Online Shoppers, March 2016
Share of Online Shoppers Who Would be Motivated to Shop Online More by Availability of the “On Delivery” Payment Method, in % of Online Shoppers, March 2016
8.3. Nigeria
Breakdown of Payment Methods Preferred in Online Shopping, in % of Online Shoppers

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