Table of Contents
Shoppers in Asia-Pacific enjoy the convenience of mobile payment, says yStats.com report
Germany-based business research company yStats.com’s new publication “Asia-Pacific Online Payment Methods: Full Year 2016” reveals the evolving payment preferences of online shoppers in the vast region. Among other findings cited in the report is the rapid adoption of mobile payments as shoppers find convenience in paying with a mobile device.
The yStats.com report tells of variation in payment methods between the 10 online retail markets covered, as well as general trends affecting the region. In advanced economies of Australia, Japan and South Korea, online shoppers prefer traditional credit cards for payment, while in the developing nations, led by China, alternative methods are preferred. The increasing use of mobile payment is a common trend across the region.
Merchants and payment processors are learning that a variety of methods is necessary to accommodate the payment preferences of online shoppers. A survey cited in the yStats.com report reflects that nearly one third of shoppers surveyed in Japan had abandoned an online shopping cart when they reached check-out and learned that their preferred method of payment was not available.
For individual Market Report purchases:
1. A “Single User License” means that only one (1) individually named user of an organization shall be entitled to access the report
2. A “Site License” means that up to ten (10) users within a given geographical location (i.e. country) of an organization shall be entitled to access the report
3. A “Global Site License” means that up to ten (10) worldwide users of an organization shall be entitled to access the report
In all cases, the term “organization” refers to the purchaser’s specific company only and excludes any third parties, including affiliates.
Get Industry Insights. Simply.
Talk to Ahmad
+1 718 618 4302
Global Mobile Payment Technologies Market: Overview This report provides an analysis of the global mobile payment technologies market for the period from 2014 to 2024, wherein the period from 2016 to 2024 ...
“Reduction in queuing & transaction time and increased convenience in making low value payments are driving the contactless payment market” The contactless payment market is estimated to grow from ...
This Persistence Market Research report examines the Global mobile payment transaction market for the period 2015- 2020. The primary objective is to offer updates on the advancement in mobile applications ...