Global online and mobile payments grow, while shoppers’ preferences continue to differ A new report by Hamburg-based secondary market research company yStats.com reveals the various online payment method preferences of online shoppers worldwide. The publication, titled “Global Online Payment Methods: Second Half 2015” also shows that mobile payments are gradually taking off and competition in online and mobile payment fields is intensifying. Read more here: https://www.ystats.com/global-online-and-mobile-payments-grow-while-shoppers-preferences-continue-to-differ/ Find the report here: https://www.ystats.com/product/global-online-payment-methods-second-half-2015/

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PRESS RELEASE
Hamburg, February 1st
, 2016
yStats.com’s new report: Global online and mobile payments grow, while shoppers’ preferences
continue to differ
A new report by Hamburg-based secondary market research company yStats.com reveals the various online payment
method preferences of online shoppers worldwide. The publication, titled “Global Online Payment Methods: Second Half 2015”
also shows that mobile payments are gradually taking off and competition in online and mobile payment fields is intensifying.
Globally, online shoppers have varying preferences when it comes to choosing a method to pay for their online purchases,
yStats.com reports. While credit cards still account for a large share of online purchases, alternative payment methods are predicted
to increase their penetration, already holding strong positions in regions such as Asia-Pacific. Digital wallets and cash on delivery are
the strongest competitors for credit and debit cards in the fast growing online payments industry. PayPal, for example, was already
used by a moderately high double-digit share of global online shoppers in 2015. The use of cash on delivery is especially prominent in
emerging B2C E-Commerce markets, such as Eastern Europe, the Middle East and Africa.
Another important finding in yStats.com’s report is that security remains a major issue for online shoppers and retailers
across the globe. When asked about the main criteria for adopting new payment methods, over three quarters of consumers in the
top B2C E-Commerce markets surveyed in 2015 mentioned data privacy and security as their primary concern. Nevertheless, the
adoption of even the most innovative mobile payment technologies is taking off both in emerging and advanced markets, with peer-
to-peer mobile payments establishing themselves as an especially attractive market segment.
Given the diversity of online shoppers’ preferences regarding payment methods, as well as their tendency to opt for both
safe and convenient payments, online retailers, banks and payment service providers increasingly compete to offer the optimum
payment options to global shoppers. For example, Amazon has launched payment by installments in the UK, while the major credit
card networks, including American Express and Visa, are expanding their express checkout solutions. Also mobile payment

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PRESS RELEASE
competition is intensifying, as yStats.com reveals. Samsung Pay was launched in the USA after its initial launch in South Korea and
Apple Pay cooperated with China UnionPay for its launch in China. Overall, as online and mobile payments continue to grow
worldwide, more payment options and services are expected to emerge and gain in importance.
For further information, see: https://www.ystats.com/wp-content/uploads/2016/02/20160129_Global-Online-Payment-Methods_Second-Half-
2015.pdf
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About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We
are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading
companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and
timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on
online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce
Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and
journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary
market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.