Global Online Payment Methods: First Half 2017 code:1337

Global Online Payment Methods: First Half 2017
OVERVIEW
TABLE OF CONTENTS
COMPANIES MENTIONED
Countries Covered: Argentina, Australia, Austria, Belgium, Brazil, Canada, China, Czech Republic, France, Germany, India, Indonesia, Italy, Japan, Kenya, Malaysia, Mexico, Netherlands, Nigeria, Poland, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Vietnam
Pages: 163
Publication Date: 23/08/2017
Download Free Sample
Questions Covered in the report:
  • What are the top payment methods preferred by online shoppers in different countries?
  • How do alternative payment methods fare compared to card payments online?
  • What are the main online and mobile payment trends worldwide?
  • What is the current state and the prospects of mobile payment solutions?
  • How important is payment security to global consumers and merchants?

Key Findings:

Innovative payment methods reshape the global digital payment landscape

Credit cards and digital payment services are the top two payment methods used by online shoppers worldwide, according to a survey cited in this report by yStats.com. Debit cards, cash on delivery and bank transfers make up the rest of the top 5, with significant variance among regions and countries. For instance, digital buyers in the world’s largest E-Commerce market, China, use third-party E-Wallet solutions such as Alipay more than any other method, while consumers in Sweden would rather pay by invoice, and those in Brazil via credit card installments.

Another important finding contained in yStats.com’s report concerns the spread of innovative digital payment methods, such as mobile payments. International surveys cited in this report point to emerging markets as global leaders in adopting mobile payment and mobile money solutions. Emerging economies, including India, Indonesia, China, Turkey and Kenya among others, occupied 9 out of top 10 positions in a ranking of countries where Internet users are most likely to use mobile payment services in 2017. Driven by this high demand, FinTech companies in Asia expect an annual return on investment five percentage points higher than the average across all global regions.

Some major advanced online markets are also not far behind. For example, in the United States, mobile wallets are growing in number and spurring in-store, remote and P2P mobile payment transactions. Meanwhile, Europe is introducing another innovative payment type – instant payments. Following the change in the EU regulations, instant payments are projected to reach a double-digit share of E-Commerce spending no later than 2022.

The yStats.com report also reveals that payment security and alternative payment methods are important drivers of future global E-Commerce growth. Among those Internet users who do not yet shop online, nearly one-half give lack of trust as their main reason, while around one in five cite inability to make payments online.

Read More Download Free Sample

1. Management Summary

2. Global Developments

  • Payment Methods Preferred in E-Commerce, in % of Online Shoppers, Q1 2017
  • Reasons For Not Shopping Online, incl. Payment-Related, in % of Internet Users Who Do Not Shop Online, Q1 2017
  • Card Spending, in USD trillion, and Breakdown by POS and E-Commerce, in %, 2015 & 2021f
  • Breakdown of Card-Not-Present Fraud Loss, by Segment, in USD million, 2017-2021f (Total)
  • Online Payment Fraud Detection and Prevention Spending, in USD billion, 2017e & 2022f
  • Contactless Payment Transaction Value, in USD billion, 2017e & 2019f
  • Number of Contactless Payment Users of Android Pay, Apple Pay, and Samsung Pay, in millions, 2015 – 2017e
  • Share of Internet Users Who Are Likely To Use Mobile Payment in the Next Year, in % of Internet Users, by Selected Countries, Q1 2017
  • Attitudes Towards Mobile Payment and Mobile Money, in % of Consumers, by Developed and Developing Markets, 2016
  • Breakdown of the Number of Transactions/Purchases by Payment Methods, in %, as Perceived by Businesses and by Consumers, 2016
  • Factors Most Important to Consumers in Deciding to Use Mobile Payments, in %, 2016
  • Mobile Payment Security Features Demanded by Consumers and Implemented by Businesses, in %, 2016
  • Entities Expected to Be The Most Disruptive in FinTech in the Next Five Years According to Financial Services and FinTech Executives, in %, 2017
  • Expected Annual ROI According to Financial Services and FinTech Executives, in %, 2017

3. Asia-Pacific

3.1. Regional

  • Top Considerations in Online Shopping, incl. Payment-Related, in % of Consumers, November 2016
  • Breakdown of the Number of E-Commerce Orders by Payment Methods in Southeast Asia, by Indonesia, Philippines, Singapore and Thailand, in %, March 2017

3.2. Advanced Markets

3.2.1. Japan

  • Online and Mobile Payment Trends, August 2017
  • Top 3 Uses of Credit Card, in % of Credit Card Holders, 2016
  • Mobile Payment User Penetration, in % of Individuals, May 2014, November 2015 & November 2016

3.2.2. South Korea

  • Payment Methods Used in E-Commerce, in % of Online Shoppers, October 2016
  • Share of Internet Users Who Have Used Convenient Payment Services, in %, October 2016
  • Reasons for Using Convenient Payment Services, in % of Users, October 2016

3.2.3. Australia

  • Breakdown of the Number of Consumer Payments by Channels, in %, 2013 & 2016
  • Breakdown of Card Fraud by Type, incl. Card-Not-Present, in AUD million, 2011 – 2016

3.2.4. Spain

  • Payment Methods Used in Online Shopping, in % of Online Shoppers, 2015 & 2016
  • 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
  • Smartphone Payment User Penetration, in % of Consumers, May 2017

3.3. Emerging Markets

3.3.1. China

  • Online and Mobile Payment Trends, August 2017
  • Breakdown of Payment Methods Used in E-Commerce, in % of Online Shoppers, 2016
  • Number of Online Payment Users, in millions, and Penetration, in % of Internet Users, 2012 – 2016
  • Third-Party Online Payment Volume, in CNY trillion, by Two Comparative Estimates, Q1 2016 – Q1 2017
  • Breakdown of Third-Party Online Payment GMV by Players, in %, by Two Comparative Estimates, Q1 2017
  • Number of Mobile Payment Users, in millions, and Penetration, in % of Mobile Internet Users, 2014 – 2016
  • Third-Party Mobile Payment Volume, in CNY trillion, by Two Comparative Estimates, Q1 2016 – Q1 2017
  • Breakdown of Third-Party Mobile Payment GMV by Players, in %, by Two Comparative Estimates, Q1 2017

3.3.2. India

  • Breakdown of Payment Methods Used in M-Commerce, in % of Mobile Shoppers, 2016
  • Number of RuPay Card Transactions, in millions, and Value, in INR billion, by POS and E-Commerce, FY 2014/2015 – FY 2016/2017
  • Number of Mobile Payment Transactions, in billions, and Value, in INR trillion, FY 2016 – FY 2022f
  • Breakdown of Mobile Payment Transaction Value by Segment, in %, FY 2017e
  • Mobile Wallet Transaction Value, in USD billion, FY 2015 & FY 2017

3.3.3. Indonesia

  • Credit Card Uses, in % of Banked Adults Interested in Owning a Credit Card, March 2017

3.3.4. Thailand

  • Payment Methods Used in E-Commerce, by Number of Online Shoppers and Percentage of Online Shoppers, Q1 2016

3.3.5. Singapore

  • Breakdown of Payment Methods Preferred in Online Shopping, in % of Online Shoppers, 2016

3.3.6. Malaysia

  • Breakdown of Payment Methods Preferred in Online Shopping, in % of Online Shoppers, November 2016

3.3.7. Vietnam

  • Breakdown of Payment Methods Used in E-Commerce, in % Online Shoppers, August 2016

4. Europe

4.1. Regional

  • Online Payment Regulatory Trends, July 2017
  • Breakdown of E-Commerce Spending in the EU by Payment Methods Considering PSD2 and Instant Payment Introduction, in %, 2012, 2017f, 2020f, 2022f, 2027f
  • External Disruptors in European Payment Environment, in % of Payment Industry Experts, March 2017
  • Payment Methods Preferred in E-Commerce, in % of Online Shoppers, October 2016
  • Top 3 Criteria for Choosing a Payment Method, in % of Online Shoppers, 2016
  • Mobile Payment Transactions, in EUR billion, 2016 & 2021f

4.2. Advanced Markets

4.2.1. UK

  • Online and Mobile Payment Trends, July 2017
  • Breakdown of Payment Methods Preferred in E-Commerce, in % of Online Shoppers, February 2017
  • Online Card Payment Statistics for UK Businesses, incl. Online Card Spending, in GBP billion, Share of Total Card Spending, in %, 2014 – 2016
  • Online Spending With UK-Issued Cards, in GBP billion, 2015 & 2016
  • Card-Not-Present Purchase Fraud Loss on UK-Issued Cards, by E-Commerce, Mail Order and Telephone Order and Total Remote, in GBP million, and Share of Total Card Purchase Fraud Loss, in %, 2011 – 2016
  • Breakdown of Frequency of Using Mobile Phone to Make Contactless Payments In-Store, in % of Smartphone Users, By Age Group, Gender and Total, 2016

4.2.2. Germany

  • Online and Mobile Payment Trends, July 2017
  • Payment Methods Preferred in E-Commerce, in % of Online Shoppers, by Ranked First and Ranked Between First and Fifth, 2016
  • Factors Important to Online Shoppers When Choosing a Payment Method, in % of Online Shoppers, 2016
  • Breakdown of B2C E-Commerce Product Sales by Payment Methods, in %, 2015 & 2016
  • Breakdown of Mobile Payment Usage, in % of Smartphone Users, Q4 2016/Q1 2017
  • Top 10 Most Known Payment Providers, in % of Smartphone Users, Q4 2016/Q1 2017

4.2.3. France

  • Breakdown of B2C E-Commerce Product Sales, in %, 2016
  • Breakdown of Payment Methods Preferred in E-Commerce, in % of Online Shoppers, 2016
  • Breakdown of Willingness to Make Payments Using Smartphone, by Payment Amount, in % of Internet Users, December 2016

4.2.4. Spain

  • Payment Methods Used in E-Commerce, in % of Online Shoppers, 2016
  • Share of Banked Consumers Who Installed Mobile Payment Apps, in %, December 2016

4.2.5. Italy

  • Breakdown of Number of Online Purchase Transactions by Payment Methods, by Purchase of Physical Products and of Digital Goods and Services, in %, Q1 2017
  • Online and Mobile Retail Payment Value  by Segment, in EUR billion, and Year-on-Year Change, in %, 2016

4.2.6. Netherlands

  • Breakdown of Online Purchases by Payment Methods, in %, 2015 & 2016

4.2.7. Sweden

  • Breakdown of Payment Methods Preferred in E-Commerce, in % of Online Shoppers, Q3 2011 -2012, Q4 2013 – 2016

4.2.8. Belgium

  • Breakdown of Payment Methods Used in E-Commerce, in % of Online Shoppers, April 2017, and Change Compared to 2016 and 2011
  • Share of Consumers Who Paid With a Smartphone In-Store, in % of Consumers, April 2017

4.2.9. Switzerland

  • Top 5 Payment Methods Preferred in E-Commerce, in % of Online Shoppers, 2016

4.2.10. Austria

  • Top 5 Payment Methods Preferred in E-Commerce, in % of Online Shoppers, 2016

4.3. Emerging Markets

4.3.1. Russia

  • Payment Methods Used in E-Commerce, in % of Online Shoppers, 2014 – 2016
  • Number of Websites Accepting Online Payment, in thousands, and Types of Online Payment Services Used, in % of Websites Accepting Online Payment, 2015 & 2016
  • Top 10 Online Payment Solutions Used, in % of Websites Accepting Online Payment, 2015 & 2016
  • Types of Goods and Services Paid for Via Apple Pay and/or Samsung Pay, in % of Internet Users in Large Cities, March 2017

4.3.2. Poland

  • Payment Methods Used in E-Commerce, in % of Individuals, 2015 & 2016

4.3.3. Turkey

  • Payment Methods Used in E-Commerce, in % of Online Shoppers, January 2017

4.3.4. Portugal

  • Payment Methods Used in E-Commerce, in % of Banked Internet Users, July 2016

4.3.5. Czech Republic

  • Share of Online Shoppers Using Debit/Credit Card to Pay for Online Purchases, in %, 2016

5. North America

5.1. USA

  • Online and Mobile Payment Trends and News About Players, August 2017
  • Digital and Mobile Payment Methods Used, in % of Online Shoppers, by Generation Y and Generation Z, March 2017
  • Number of Adults Who Have Their Payment Card Information Stored on at Least One Website or Mobile App for Future Purchases, and Who Always Save Their Card Information Online, in millions, May 2017
  • Number of Payment Transactions with Cards, in billions, and Value, in USD trillion, by Card Type and by Payment Transaction Type, 2015
  • Number of Person-to-Person and Money Transfer Transactions, in millions, Value, in USD billion, and Average, in USD, by Original Channel, 2012 & 2015, and CAGR, in %, 2012-2015
  • Number of Online Payment Authentication Transactions, in millions, Value, in USD billion, and Average, in USD, by Type, 2012 & 2015, and CAGR, in %, 2012-2015
  • Mobile Wallet Transactions, in millions, Value, in USD billion, and Average, in USD, by Type, 2012 & 2015, and CAGR, in %, 2012-2015
  • Types of Mobile Payments Made, in % of Banked Smartphone Users, January 2017
  • Breakdown of Preferred Mobile Wallet Providers, in % of Current Mobile Wallet Users, Interested Non-Users and Total,  January 2017
  • Merchant Mobile Wallet Ownership, in % of Banked Smartphone Users, and Merchant Mobile Wallet Apps Used, in % of Merchant Wallet App Users, January 2017
  • Issuer Mobile Wallet Ownership, in % of Banked Smartphone Users, and Issuer Mobile Wallet Apps Used, in % of Issuer Wallet App Users, January 2017
  • Share of Banked Smartphone Users Who Own Apple Pay, Samsung Pay or Android Pay Wallets, and Breakdown of the “Pays” Owned, in % of “Pays” Owners, January2017
  • Penetration of Apple Pay, Android Pay and Samsung Pay, by Enrolled, Have Used and Frequent Users, in % of Compatible Device Owners, January 2017
  • Proximity Mobile Payment Transaction Value, in USD billion, 2016 – 2021f
  • Share of Adults Who Used Online or Mobile P2P Payment in the Previous 12 Months, 2013 – 2021f
  • Most Important Features in Money Transfer or Payment Applications and Services, in % of Adults, July 2017

5.2. Canada

  • Share of Internet Users Who Store Personal Credit Card Information with a Mobile App or E-Commerce Site, in %, by Age Group, April 2017
  • Share of Internet Users Who Installed an E-Wallet Mobile App, in %, by Age Group, April 2017
  • Motives to Use Mobile Wallet as a Primary Payment Method, in % of Mobile Payment Users, September 2016

6. Latin America

6.1. Regional

  • Breakdown of E-Commerce Sales by Payment Methods, in%, 2017e
  • Share of Mobile Shoppers Who Use Mobile Wallets to Pay for Products/Services Purchased via Mobile Device, in %, by Brazil, Chile, Colombia, Mexico and Peru, August 2016

6.2. Brazil

  • Reasons to Give Up an Online Purchase, in % of Online Shoppers, June 2017
  • Payment Methods Preferred in E-Commerce, in % of Online Shoppers, June 2017
  • Breakdown of the Number of Payment Installments Used, in % of Online Shoppers, 2015 & 2016
  • Breakdown of Payment Methods Used in the Last Online Purchase from International Site, in % of Cross-Border Online Shoppers, 2013 – 2016
  • Reasons For Using Boleto Bancario, in % of Online Shoppers Who Use Boleto Bancario, July 2017
  • Breakdown of Online Shoppers Who Pay with Boleto Bancario by Gender and Age Group, in %, July 2017

6.3. Mexico

  • Payment Methods Used in E-Commerce, in % of Online Shoppers, December 2016
  • Reasons for Not Shopping Online, in % of Internet Users Who Do Not Shop Online, December 2016
  • Share of E-Commerce of Total Payments with Credit and Debit Cards, in %, 2016
  • Breakdown of E-Commerce Card Payment Transactions by Credit Card and Debit Card, in %, 2016
  • 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 2016 – Q1 2017
  • 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 2016 – Q1 2017
  • Payment App and Wallet Penetration, in % of Banked Internet Users, July 2016

6.4. Argentina

  • Breakdown of E-Commerce Sales by Payment Methods, in %, 2016
  • Breakdown of E-Commerce Sales Paid in Installments by Number of Installments, in %, 2016
  • Most Attractive Uses of Mobile Payment Services, in % of Smartphone Users, August 2016
  • Breakdown of Preferred Mobile Payment Providers, in % of Smartphone Users, August 2016

7. Middle East and Africa

7.1. Regional

  • Breakdown of Payment Methods Preferred in E-Commerce, in % of Online Shoppers in GCC, October 2016
  • Share of Online Shoppers in MENA Who Used Smartphone to Pay for Purchases Online, in %, 2016
  • Number of FinTech Startups in MENA, 2013, 2015 & 2020f
  • Number of Registered Mobile Money Accounts in Sub-Saharan Africa, in millions, December 2005 & December 2016

7.2. UAE

  • Breakdown of Payment Methods Used in E-Commerce by Cash on Delivery and Credit or Debit Card, in % of Online Shoppers, March 2017
  • Share of Consumers Who Believe That Retailers They Shop at Deploy Payment Security Tools to Prevent Fraud, by Retailers and Online Retailers, in %, 2016

7.3. South Africa

  • Payment Methods Used in E-Commerce, in % of Online Shoppers, March 2017
  • Share of Online Shoppers Who Believe Their Credentials Are Not Safe When Shopping Online, in %, March 2017

7.4. Nigeria

  • Number and Value of Internet (Web) and Mobile Payment Transactions, in millions and in NGN billion, 2011- 2016

7.5. Kenya

  • Breakdown of Payment Methods Preferred in E-Commerce, in % of Online Shoppers, November 2016
  • 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 – 2016
Read More
  • Amazon.com Inc
  • Ant financial services
  • Apple Inc
  • China UnionPay Co Ltd
  • Deutsche Bank AG
  • GMO Payment Gateway Inc.
  • Google Inc
  • MasterCard Inc.
  • PayPal Holdings Inc
  • Samsung Pay Inc
  • Sofort AG
  • Tencent Holdings Ltd
  • Visa Inc.
  • iDEAL BVKlarna Holding AB
Read More

RELATED REPORTS

Asia-Pacific Online Payment Methods: First Half 2017

Publication Date: 16/08/2017

Regions Covered: Asia-Pacific

Countries Covered: Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea, Taiwan, Thailand, Vietnam

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Europe Online Payment Methods: First Half 2017

Publication Date: 09/08/2017

Regions Covered: Europe

Countries Covered: Austria, Belgium, Czech Republic, Denmark, France, Germany, Italy, Netherlands, Poland, Portugal, Romania, Russia, Spain, Sweden, Switzerland, Turkey, UK

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Global Cross-Border B2C E-Commerce 2017

Publication Date: 17/02/2017

Regions Covered: Asia-Pacific - Europe - Africa - North America - Latin America - Middle East

Countries Covered: Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Nigeria, Poland, Russia, South Africa, South Korea, Spain, Turkey, UAE, UK, USA

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Global Mobile Wallets 2017: Competitors and Market Opportunities

Publication Date: 26/01/2017

Regions Covered: Global

Countries Covered: Global

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Forgot your Password?

We will send you and e-mail with a link to
recover your password

POST NEW COMMENT

SHARE THIS POST