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Global Online Payment Methods: First Half 2016

Global Online Payment Methods: First Half 2016

Online shoppers concerned about payment security, says yStats.com research

Hamburg’s B2C E-Commerce intelligence company yStats.com has turned its attention to how shoppers pay for online purchases with its new report “Global Online Payment Methods: First Half 2016.” Among the findings revealed in the publication is the growing concern of online shoppers and merchants regarding the security of payment information.

Payment security is a top priority for online shoppers in many countries around the globe, affecting their chose of payment method. Over half of surveyed buyers expressed worries about their personal information when paying via mobile. In the mature market of the USA, a quarter of Internet-connected households stated in a 2015 survey, cited in the yStats.com report, that they avoided making online purchases out of fear of compromise of personal finance information.

In spite of those security concerns, the yStats.com report reveals that online payments are growing inexorably in value and number and evolving in methods. Mobile payments are gaining ground, especially among younger shoppers, for in-store as well as online purchases. Digital payment methods such as PayPal and AliPay have grown in popularity, rivaling credit card use in some markets. Nevertheless, credit card remains the top payment method used by online shoppers globally, though cash on delivery is still widely used in regions such as Eastern Europe, the Middle East and Africa, according to the findings of the new yStats.com report.


1. Management Summary
2. Global Developments
Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2015
Payment Methods Used in Online Shopping, by Regions, in % of Online Shoppers, October 2015
Value of Online Payment Fraud, in USD billion, 2015 & 2020f
Breakdown of Online Payment Fraud by Segments, in % and in USD billion, 2020f
Breakdown of Innovations that are Expected to Have the Largest Impact on Payment Fraud Prevention in the Next 3-5 Years, in %, October 2015
Breakdown of the Means of Security Protection for Consumers Making Mobile Payment that are Expected to Become Dominant by 2030, in %, October 2015
Mobile Payment Usage In-Store and Online, in % of Respondents, by Generation, 2015
Perception of Security of Mobile Payments, in % of Respondents, by Generations, 2015
Number of Mobile Money Accounts, by Registered and Active, by Selected Regions, in millions, December 2015
Breakdown of Types of Payments Made with Mobile Money, by Number of Transactions and Value of Transactions, in %, December 2015
Mobile P2P Money Transfer Transaction Value, in USD billion, 2014 & 2019f
Number of P2P Mobile Money Transfer Users, in millions, 2014 – 2019f
Mobile Proximity Payment Transaction Value, in USD billion, 2014 & 2019f
Number of Proximity Mobile Payment Users, in millions, 2014 – 2019f
Top 10 Merchant Acquirers, by Volume, in USD billion, 2015
3. Asia-Pacific
3.1. Regional
Share of Adults Using Digital Wallets, in %, by Selected Countries and Regional, 2013 - 2015
3.2. Advanced Markets
3.2.1. Japan
Online and Mobile Payment Trends and News about Players, H1 2016
Breakdown of Payment Methods Most Used in Online Shopping, in % of Online Shoppers, March 2016
Breakdown of Experience with Cases Where Preferred Payment Method Was Not Offered, in % of Online Shoppers, March 2016
Number and Value of Electronic Money Transactions, in millions and in JPY billions, and in % Year-on-Year Change, 2010-2015
3.2.2. South Korea
Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2015
Payment Methods Used in Mobile Shopping, in % of Mobile Shoppers, 2014 & 2015
Purposes of Using Mobile Payments, in % of Mobile Payment Users, September 2015
3.2.3. Australia
Share of Online Shoppers Who Are More Inclined to Shop More Often from a Store Which Saves Their Payment Details for One-Click Ordering, by Mobile Shoppers and Non-Mobile Shoppers, in %, April 2016
Share of Internet Users Who Would Feel Confident that Their Money Is Secure If They Used Contactless Payments, April 2016
3.3. Emerging Markets
3.3.1. China
Online and Mobile Payment Trends and News about Players, H1 2016
Number of Online Payment Users, in millions, and Penetration, in % of Internet Users, 2012 - 2015
Third-Party Online Payment GMV, in CNY trillion, and in % Year-on-Year Change, 2012 - 2019f
Breakdown of Third-Party Online Payment GMV, in %, and Total, in CNY trillion, Q1 2015 – Q4 2015
Breakdown of Third-Party Online Payment GMV, by Providers, in %, 2015
Number of Mobile Payment Users, in millions, and Penetration, in % of Mobile Internet Users, 2014 & 2015
Third-Party Mobile Payment GMV, in CNY trillion, and in % Year-on-Year Change, 2012 - 2019f
Breakdown of Third-Party Mobile Payment Transaction Volume by Providers, in %, Q4 2015
3.3.2. India
Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2015
Share of Urban Online Shoppers Aged 31-54 Who Prefer Online Payment Methods, in %, 2015
Top 3 Mobile Wallet Apps, by Penetration, in % of Mobile Payment App Users, and Average Time Spent Per User Per Month, in minutes, December 2015 & April 2016
3.3.3. Indonesia
Breakdown of E-Commerce Payments by Payment Method, by Approximate Share in %, 2015
Number of E-Money Transactions, in millions, and Value, in IDR billion, 2010 - 2015
3.3.4. Thailand
Payment Methods Used in Online Shopping, in % of Online Shoppers, by Gender and Generation, May 2015
Value of Mobile Payment Transactions, in THB billion, and Volume, in millions, by Bank, Non-Bank and Total, 2010 – 2015
3.3.5. Vietnam
Payment Methods Used in Online Shopping, in % of Online Shoppers, 2014 & 2015
4. Europe
4.1. Regional
Regulatory Trends in Online Payments, H1 2016
4.2. Advanced Markets
4.2.1. UK
Online and Mobile Payment Trends and News about Players, H1 2016
Top 3 Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2015
Online Card Payment Statistics, incl. Online Card Spending, in GBP billion, Share of Total Card Spending, in %, and Average Online Transaction Value, in GBP, 2014 & 2015
Share of Online Card Purchases Made on Smartphones and Tablets, in %, 2014 & 2015
Breakdown of Security Concerns When Paying by Entering Credit/Debit Card Details Online, in % of Internet Users, 2013 - 2015
Breakdown of Frequency of Using a Mobile Phone for Transactional Activities, incl. “Making Payments in a Shop”, in % of Mobile Users, 2015
Breakdown of Attitude Towards Security of Mobile Payments, in % of Mobile Users, by Age Group, Gender and Total, 2015
4.2.2. Germany
Online and Mobile Payment Trends and News about Players, August 2016
Breakdown of Online and Mail Order Sales, by Payment Methods, in % and in EUR million, 2014 & 2015
Breakdown of Payment Methods Preferred in Online Shopping, in % of Online Shoppers, 2014 & 2015
Most Important Criteria When Choosing a Payment Method to Purchase Online, in % of Online Shoppers, 2015
Payment Methods Used in Mobile Shopping, in % of Mobile Shoppers, May 2015
Usage of and Interest in Mobile Payments In-Store and Payments Based on Biometric Identification In-Store, in % of Consumers, and in % of Retailers, May 2016
4.2.3. France
Payment Methods Most Used in B2C E-Commerce, in % of Online Shoppers, June 2015 & June 2016
Value of Online Payment Transactions with Bank Cards, in EUR billion, 2014 & 2015
Awareness of Contactless Payments, and Usage of Contactless Mobile Payments, by Monthly Payment with NFC Card and with NFC-Enabled Smartphone, in % of Internet Users, 2014 & 2015
Number of Payment Transactions with Contactless Payment Cards, in millions, May 2015 & May 2016
4.2.4. Spain
Payment Methods Used in Online Shopping, in % of Online Shoppers, 2014 & 2015
Payment Methods Used in Mobile Shopping, in % of Mobile Shoppers, 2014 & 2015
Breakdown of Aspects Most Important for Payment Methods in Online Shopping, in % of Online Shoppers, 2015
4.2.5. Italy
Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2012 - 2016f
Breakdown of Electronic Retail Payments, by Card Payments In-Store and Digital Payments, incl. Online and Mobile, 2013 - 2015
4.2.6. Netherlands
Breakdown of Online Purchases by Payment Methods, in %, 2014 & 2015
4.2.7. Sweden
Breakdown of Preferred Payment Methods in Online Shopping, in % of Online Shoppers, Q4 2014 & Q4 2015
4.3. Emerging Markets
4.3.1. Russia
Payment Methods Used in Online Shopping, in % of Online Shoppers, 2013 - 2015
Top 5 E-Money Services Used, in % of E-Money Users, December 2015
Online Payment Methods Used When Paying Online via Smartphone, in % of Users, March 2016
Selected Online Payment Methods Offered by E-Commerce Websites Which Accept Online Payment for Goods and Services, in % of E-Commerce Websites Which Accept Online Payment for Goods and Services, Q4 2015 & Q4 2016
4.3.2 Poland
Payment Methods Preferred in Online Shopping, in % of Online Shoppers, April 2016
4.3.3. Turkey
Number and Value of Domestic E-Commerce Transactions with Bank Cards, in millions and in TRY million, Q1 2013 - Q4 2015
Number and Value of Cross-Border E-Commerce Transactions with Bank Cards, in millions and in TRY million, Q1 2013 - Q4 2015
4.3.4. Czech Republic
Payment Methods Preferred in Online Shopping, in % of Online Shoppers, 2015
5. North America
5.1. Regional
Payment Methods Preferred in Online Shopping, in % of Online Shoppers, October 2015
Breakdown of All Payment Transactions by Payment Methods, incl. “Mobile Devices”, in %, by Country, 2015
Mobile Payment Platforms Used, in % of Respondents, by Country, 2015
5.2. USA
Online Payment Trends and News about Players, H1 2016
General Payment Methods Used, incl. Online and Mobile Methods, in % of Internet Users, March 2016
Online Retail Payment Value, in USD billion, 2014 & 2015
Major Concerns Related to Online Privacy and Security Risks, incl. Payment-Related, in % of Households with Internet Users, July 2015
In-Person Mobile Payment Value, in USD billion, 2014 – 2019f
Mobile Payment User Penetration, in % of Mobile Phone Users and Smartphone Users, 2011 - 2015
Mobile Payment User Penetration, in % of Mobile Phone Users, by Age Group, 2015
Mobile Payment Uses, in % of Mobile Payment Users, 2015
Reasons for Not Using Mobile Payments, in % of Mobile Phone Users Who Did Not Use Mobile Payments, 2015
Perception of Security of Mobile Payments, in % of Mobile Phone Users, 2013 - 2015
Attitudes Toward Mobile Payments, in % of Consumers, by Generation, 2015
5.3. Canada
Share of Smartphone Users Who Expect to Make More Mobile Payments in the Next Year, by Gender, Generation and Total, in %, 2015 & 2016
Mobile Payment Apps Used, in % of Mobile Payments Users, by Gender, Generation and Total, April 2016
6. Latin America
6.1. Regional
Top 5 Mobile Services That Have Never Been Used by Mobile Internet Users, incl. Payment-Related, in % of Mobile Internet Users, 2015
Share of Consumers Interested in In-Store Mobile Payments, in % of Surveyed Consumers, by Brazil and Mexico, June 2016
6.2. Brazil
Online Payment Trends and News about Players, H1 2016
Breakdown of Payment Methods Used in Online Shopping, in % of Online Shoppers, 2015
6.3. Mexico
Payment Methods Used in Online Shopping, in % of Online Shoppers, 2015
Share of E-Commerce of Total Payments with Credit and Debit Cards, in %, 2015
Breakdown of E-Commerce Card Payment Transactions by Credit Card and Debit Card, in %, 2015
Number of Authorized Payment Transactions on E-Commerce Websites, in millions, Value, in MXN billion, and Authorization Rate, in % of Transactions and in % of Transaction Value, by Credit Cards and Debit Cards, Q1 2015 – Q1 2016
Chargeback Rate, in % of Number of Authorized Payment Transactions on E-Commerce Websites and in % of Their Value, by Credit Cards and Debit Cards, Q1 2015 – Q1 2016
Number of Online Payment Users, in millions, 2014 & 2015
Reasons for Not Shopping Online, incl. Payment-Related, in % of Internet Users Who Do Not Shop Online, 2015
Share of Banked Internet Users Who Conduct Banking Transactions on Smartphones, in %, 2015
6.4. Argentina
Breakdown of E-Commerce Sales by Payment Method, in %, 2015
Share of Installments in Total E-Commerce Sales of Companies That Offer Payment by Installments, in %, and Breakdown of Installments by Number, in %, 2015
6.5. Colombia
Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2015
7. Middle East
7.1. Regional
Breakdown of Payment Methods Preferred in Online Shopping, in % of Online Shoppers, June 2016
Share of Consumers Who Would Opt for Alternative Payment Methods, in %, and Selected Alternative Payment Methods They Would Opt for, incl. “Mobile Wallet”, in %, May 2016
7.2. UAE
Share of Online Shoppers Paying by Credit Card, in %, June 2016
Share of Payment Card Users Who Experienced Online Credit Card Fraud, in %, and Type of Online Credit Card Fraud Experienced, in % of Fraud Victims, June 2016
7.3. Iran
Top 5 Reasons for Not Shopping Online, in % of Respondents, 2012 & January 2016
8. Africa
8.1. South Africa
Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2015
8.2. Nigeria
Top 3 Payment Methods Used in Online Shopping, in % of Online Shoppers, October 2015
Number and Value of Internet and Mobile Payment Transactions, in millions and in NGN billion, 2011- 2015
8.3. Egypt
Share of Online Shoppers Paying by Cash on Delivery, in %, June 2016
8.4. Morocco
Payment Methods Used in Online Shopping, in % of Online Shoppers, February 2016
Breakdown of Main Criteria Considered When Shopping Online, incl. “Payment Security”, in % of Online Shoppers, February 2016
Number of Online Payment Transactions Made with Credit Cards, in millions, and Value, in MAD million, by Domestic Credit Cards and Domestic and Foreign Credit Cards, 2012 - 2015
8.5. Kenya
Mobile Payment Statistics, incl. Number of Transactions, in millions, Value of Transactions, in KES billion, Number of Customers, in millions, and Number of Agents, in thousands, 2008 - 2015

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