Online Payment Methods

By | May 19, 2014

‘Asia-Pacific Online Payment Methods 2012’ report, by yStats.com, the Hamburg-based specialists for secondary market research in the Asia-Pacific online payment methods 2012 “report by yStats.com the development of payment methods in online trading examined region the Hamburg-based specialists for secondary market research to regional and to the other 7 selected countries in the Asia-Pacific. In addition, the main trends as well as current news about 9 companies in the payment field on these markets are represented. 2012, Except for China and Thailand, credit cards represent the most popular mode of payment by online shoppers in the Asia-Pacific region. Still, many consumers have there no trust in online payment methods due to safety concerns and suspicions about the online retailers. Everyone had credit cards in Japan and third-party payments in China predominantly in Japan 2011 average more than six credit cards, which were the preferred online payment method there. The country is the biggest online shopping market in the Asia-Pacific region represents, what may have been one of the motives for PayPal, to enter the market through a joint venture with the Japanese SOFTBANK in may 2012. So-called third-party payments, involving a third party as a middleman takes over are popular especially in China, Alipay was able to claim the largest market share. PayPal success train in the Asia-Pacific region according to the report of Asia-Pacific online payment methods 2012 “by yStats.com, consumers in South Korea used credit cards 2011 as the most common method of payment in online trading, followed by transfers.

In India, E-Commerce, nor online payments are widely used, while banks in Viet Nam 2012 more and more partnerships with online payment providers. PayPal has been active since July 2012 in Malaysia, where airlines began the company in cooperation with Malaysia, to offer mobile payment options in the flight booking. The payment providers represented in 2011 even the most popular online payment method in Australia and could refer there credit card payments on the second place. The Online payment markets in the Asia-Pacific region are very different. While credit card and third-party payments enjoy in many countries of large popularity, countries such as India are where online payment systems play no major role. Press contact: yStats.com GmbH & co. KG Behringstrasse 28a, D-22765 Hamburg phone: + 49 (0) 40-39 90 68 50 fax: + 49 (0) 40-39 90 68 51 E-Mail: Internet: Twitter: ystats Facebook: ystats about yStats.com since 2005 researched yStats.com current, objective and requirement-oriented market and competitive intelligence for executives from different industries. The Hamburg-based company with an international orientation focuses on the secondary market research. yStats.com offers both market – and competition reports as well as customized research services. Customers include leading companies in the areas of B2C E-Commerce, electronic payment systems, mail order and direct marketing, Logistics, as well as banks and consulting firms.