1. Market Research
  2. > Financial Services
  3. > Banking
  4. > Payments Market Trends
  5. > Global Alternative Online Payment Methods: Second Half 2015

Global Alternative Online Payment Methods: Second Half 2015

  • February 2016
  • -
  • yStats - Global E-Commerce Intelligence
  • -
  • 74 pages

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.

Table Of Contents

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 and 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 and 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 and 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 and 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 and 2015
5.3.2. Poland
- Payment Methods Used in Online Shopping, in % of Individuals, 2014 and 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 and 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 and 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

Companies Mentioned
PayPal, Apple, Amazon, eBay, American Express, Visa, Alipay, Tenpay, Samsung, China UnionPay, MasterPass, AmEx, ASDA, Deutsche Telekom, Otto Group, Yandex.Money, MasterCard, Qiwi, PagBrasil, Network International, PayFort, Souq.com

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Asia-Pacific Mobile Payments

Asia-Pacific Mobile Payments

  • $ 4950
  • Industry report
  • September 2016
  • by Frost & Sullivan

Spearheading Cashless Societies Countries within Asia-Pacific are trying to go cashless; mobile payment has been identified as an ideal solution to spearhead the transformation from cash-based to cashless ...

Mobile Wallet Market Analysis By Product (Proximity And Remote), By Application (Retail, Vending Machine, Public Transportation And Restaurants) And Segment Forecasts Till 2024

Mobile Wallet Market Analysis By Product (Proximity And Remote), By Application (Retail, Vending Machine, Public Transportation And Restaurants) And Segment Forecasts Till 2024

  • $ 4950
  • Industry report
  • October 2016
  • by Grand View Research

The global mobile wallet market is expected to reach USD 7,581.91 billion by 2024, according to a new report by Grand View Research, Inc. Growing mobile penetration with improved payment infrastructure ...

Mobile Money Market  - Global Market Outlook (2016-2022)

Mobile Money Market - Global Market Outlook (2016-2022)

  • $ 4157
  • Industry report
  • September 2016
  • by Stratistics MRC

According to Stratistics MRC, the Global Mobile Money market is estimated at $15.14 billion in 2015 and is expected to reach $140 billion by 2022 growing at a CAGR of 37.39% from 2015 to 2022. Increasing ...


Download Unlimited Documents from Trusted Public Sources

Global Payments Industry

  • November 2016
    92 pages
  • Payments  

  • World  

    Europe  

    North America  

View report >

Global Payments Industry

  • November 2016
    92 pages
  • Payments  

  • World  

    Europe  

    North America  

View report >

Payments Markets in the US

  • November 2016
    14 pages
  • Payments  

    Payments  

  • United States  

View report >

Payments Markets

27 days ago

Crowdfunding Markets

1 month ago

Related Market Segments :

Mobile Payment

ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.