Online payments is the biggest growth market in payments




This report examines the online consumer payments market in 28 global markets, considering the overall market size and its development, as well as the importance of mobile devices as opposed to desktop and laptop computers. The report also breaks down the online market by the type of goods consumers buy and the tools they choose to pay with, considering how consumer buying behavior has changed and the drivers of this change.

China overtook the US as the world’s largest online commerce market in 2015, with Chinese consumers spending a total of $699bn online that year.

- 20% of the total value of online commerce transactions across all markets will be accounted for by m-commerce by 2020, with the market recording a compound annual growth rate of 17% from 2015 to 2020.

- Consumer spending patterns online have shifted over the past three years to a wider range of merchant categories. The market is no longer dominated by high-ticket goods categories to the same extent it has historically been.

Reasons to buy

- Understand the key facts and figures in the global online consumer payments market.

- Learn how much of online consumer spending is done through mobile devices and how the composition of the market is likely to change in the future.

- Find out what is keeping consumers from using the online channel and how to boost consumer engagement.

- Discover key consumer spending dynamics online in terms of goods purchased and payment tools used.

Companies mentioned

PayPal
iDEAL
Alipay
Carrefour
Harrods
Starbucks
Apple
Just Eat
hungry house
Visa
Mastercard
eBay
Tenpay
Alibaba
SEQR
Google
Amazon
Samsung

About Aarkstore Enterprise

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Phone: +91 998 729 5242 / +91 - 22 2756 4953

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