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Global Alternative Online Payment Methods: Second Half 2015

1. Magagement Summary
2. Global
Online Payment Trends and News about Players, H2 2015
Breakdown of E-Commerce Sales by Cards and Alternative Payment Methods, by Region , in %, 2014 & 2019f
Share of Online Shoppers Paying with Cash on Delivery, in %, by Selected Emerging Markets, 2015
Non-Cash Payment Methods Used in Online Shopping, in % of Online Shoppers, 2015
Share of Online Shoppers Who Would Drop out of Purchase if the Preferred Method is Displayed on the Website but is not Available at the Checkout, in %, September 2015
Share of Consumers Who Are Satisfied with the Payment Methods Used, by POS, Browser and Mobile, in % of Consumers in Selected Developed Countries, June 2015
3. Asia-Pacific
3.1. Regional
Share of Online Shoppers Paying with Cash on Delivery and Share of Online Shoppers Paying with Credit and Debit Cards for Online Purchases, in %, August 2015
Digital Payment Methods Used, by Emerging and Developed Markets, in % of Consumers, August 2015
3.2. China
Online and Mobile Payment Trends and News about Players, H2 2015
Payment Methods Used in Online Shopping, in % of Online Shoppers, 2014
Breakdown of Third-Party Online Payment GMV, in %, and Total, in CNY trillion, Q2 2014 - Q2 2015
3.3. Japan
Breakdown of Most Used Online Payment Methods, in % of Online Payment Users, July 2015
3.4. South Korea
Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2015
Breakdown of Frequency of Use of Mobile Payments in Online Shopping, in % of Mobile Payment Users, August 2015
3.5. India
Payment Methods Used in Online Shopping, in % of Online Shoppers, 2015
3.6. Indonesia
Online Payment Methods Used in Online Shopping, in % of Online Shoppers, 2014
3.7. Thailand
Payment Methods Used in Online Shopping, in % of Online Shoppers, May 2015
4. North America
4.1. Regional
Digital Payment Methods Used at Least Weekly, in % of Consumers, 2015 & 2020f
4.2. USA
Online and Mobile Payment Trends and News about Players, H2 2015
Payment Methods Used in Online Shopping and Payment Methods Perceived as the Safest Way to Pay in Online Shopping, in % of Online Shoppers, September 2015
Payment Methods Used to Conduct Peer-to-Peer Payments, in % of Consumers, May 2015
4.3. Canada
Breakdown of E-Commerce Payment Volume and Value by Payment Methods, in %, 2014
Breakdown of Payment Transaction Volume and Value by Payment Methods, incl. Online Transfers, in millions and in CAD million, 2011 & 2014
5. Europe
5.1. 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, April 2015
5.2. Western Europe
5.2.1. UK
Online and Mobile Payment Trends and News about Players, H2 2015
5.2.2. Germany
Online and Mobile Payment Trends and News about Players, H2 2015
Breakdown of Payment Methods Preferred in Online Shopping, in % of Online Shoppers, by Gender, September 2015
Breakdown of Frequency of Usage of Payment Methods in Mobile Shopping, in % of Mobile Shoppers, September 2015
5.2.3. France
Payment Methods Used in Online Shopping, in % of Online Shoppers, April 2015
5.2.4. Spain
Payment Methods Most Preferred in Online Shopping, in % of Online Shoppers, May 2015
5.2.5. Italy
Payment Methods Preferred in Online Shopping, in % of Online Shoppers, July 2015
5.2.6. Netherlands
Breakdown of Online Purchases by Payment Methods, in %, H1 2014 & H1 2015
5.2.7. Sweden
Payment Methods Preferred in Online Shopping, in % of Online Shoppers, 2013 - 2015
5.3. Eastern Europe
5.3.1. Russia
Online and Mobile Payment Trends and News about Players, H2 2015
Share of Online Shoppers Paying with Cash on Delivery and with Non-Cash Payment Methods, in %, 2014 & 2015
5.3.2. Poland
Payment Methods Used in Online Shopping, in % of Individuals, 2014 & 2015
5.3.3. Turkey
Breakdown of Payment Methods Used in Online Shopping, in %, 2014
5.3.4. Greece
Breakdown of Payment Methods Used in Online Shopping, in %, July 2015
5.3.5. Czech Republic
Payment Methods Used in Online Shopping, in % of Online Shoppers, 2014 & 2015
6. Latin America
6.1. Brazil
Online and Mobile Payment Trends and News about Players, H2 2015
Breakdown of Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2015
Reasons for Not Shopping Online, in % of Internet Users Who Do Not Shop Online, incl. Payment-Related, 2014
6.2. Mexico
Payment Methods Used in Online Shopping, in % of Online Shoppers, June 2015
7. Middle East & Africa
7.1. Regional
Breakdown of Payment Methods Used in Online Shopping, by Egypt, Jordan, Kuwait, Lebanon, Saudi Arabia, and the UAE, in % of Online Shoppers, June 2015
7.2. UAE
Online and Mobile Payment Trends and News about Players, H2 2015
7.3. South Africa
Share of Online Transactions Paid with Credit/Check Card, in %, 2015e
7.4. Morocco
Share of Online Shoppers Paying with Cash on Delivery, in %, 2015e
7.5. Kenya
Breakdown of Payment Methods Used in Online Shopping, in % of Online Shoppers, Q3 2015

Global Alternative Online Payment Methods: Second Half 2015

The penetration of alternative online payment methods varies worldwide

Global online shoppers have different preferences when it comes to payment methods, as yStats.com’s report shows. Taking these preferences into consideration is important for online retailers in all the global regions, as nearly two thirds of online shoppers would abandon their purchase if their preferred payment method was advertised on the merchant’s website but not readily available at checkout. While credit cards remain the most used online payment method on the global scale, alternative payment methods, such as digital wallets, cash on delivery, and bank transfers, occupy high ranks in multiple countries and regions.

Alternative payment methods are especially important in emerging markets, where credit card penetration is not as high as in advanced economies. Cash on delivery dominates in B2C E-Commerce in regions such as Eastern Europe and the Middle East. yStats.com’s research revealed that in countries including the UAE, Saudi Arabia, and the Czech Republic it was the payment method most used by online shoppers in 2015. Also mobile money services are gaining importance in online retail, especially in Africa, for instance, in Kenya where this method ranked second after cash on delivery last year. Furthermore, local bank transfers were the leading alternative payment method in several countries including Poland and Brazil, as of 2015.

Also among advanced markets there are exceptions to the leadership of credit card in online payments. For example, in Germany this payment method was behind invoice in online shoppers’ payment method preferences in 2015, and in the Netherlands, online banking method iDEAL was ahead of all the others. Furthermore, digital payment systems and wallets, such as PayPal, are popular alternatives to direct credit card payments in selected countries of Europe and North America. Overall, various primary sources, cited in yStats.com’s report, predict that alternative payment methods will increase their share of online retail within the next several years.


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