WorldPay launches interactive alternative
payments heatmap showing market preferences by geography
Most companies usually publish research
papers, but WorldPay has gone a step further and has released an
interactive heatmap that details payment preferences in specific
markets.
The heatmap comes in association with a
whitepaper and can be found here.
According to WorldPay, the alternative
payments market – such as real-time bank transfers, offline credit
transfers, direct debits, e-wallets and mobile payments – account
for €165bn of worldwide e-commerce transactions. That is
representative of 22% of the total transaction value.
Key findings of the paper, titled Optimising
your Alternative Payments: a Global View, include:
- e-wallets account for 36% of the e-commerce transaction market
and are expected to grow even more, to 43% by 2015, - Real-time bank transfers account for just 12% of all such
transactions, but it is expected to grow to 20% by 2015, - Card payments still dominate the e-commerce markets in the UK
(11%) and US (17%), - In Germany, 66% of e-commerce transactions are based on
alternative payment method, - In China, Alipay has a 60% market share in e-commerce
transaction, while cash-on-delivery remains a popular payment
method with 20% of the market.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData