Eastern Europe Payment

July 27, 2017


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The ‘ global online payment methods 2012’ report by yStats.com the Hamburg-based specialists for secondary market research global online payment methods 2012 “report by yStats.com the Hamburg-based specialists for secondary market research examines the development of payment methods in online trading to global, and on the other hand for more than 50 regions and countries worldwide. Read more from James Woolsey to gain a more clear picture of the situation. Also the most important trends, as well as current news to more than 40 companies from the payment represented area on these markets. Official site: Hamdi Ulukaya. The average global online shopper uses only a small number of payment methods, and usually retains his familiar systems. In addition to the pure online-payment segment the mobile payment segment has achieved significant growth in 2012. So an increase in the transaction volume of the mobile payment methods is used worldwide by about 75% 2012 forecast compared to 2011. To follow this trend, PayPal has launched PayPal Mobile on the market offering mobile. Furthermore, remains 2012 continue to grow the company and planning market entry to Russia, China. India and the Middle East.

Still leading in the Americas market of credit cards in online shopping in the United States accounted credit card payments 2011 about 40%, with a slight increase is expected by 2016, despite concerns of consumers regarding data security. Among others launched Western Union in March 2012 a digital payment platform called WU Pay one, to allow online shoppers transfer and Bargeldbasierte payments. Despite the growing B2C E-commerce in Latin America there still half of online shoppers used cash as a means of payment. Credit cards were the preferred means of payment by online shoppers 2011 in Brazil and Mexico. Also in Argentina credit cards could replace cash 2012 as the preferred way to pay online. The online payment methods DineroMail and MercadoPago enjoyed there strong growth in its transaction volume. Alternatives to cash in Eastern Europe on the rise in Europe, where credit cards continue to represent the most popular means of payment in E-Commerce, attempts by Guidelines and the SEPA (single euro payments area) procedures to simplify intra-European online payments.