ecommerceDB.com Trend Report
The surge of online shopping throughout the last decade has also brought about changes in the way we pay. As more people buy online every year, online payment providers have assumed greater significance. New players have emerged and advances in technology have made it possible to introduce novel payment methods such as eWallets.
Our ecommerceDB trend report series “eCommerce Payment Providers” puts a spotlight on the industry’s most relevant payment providers. This report takes a deep dive into the world of eWallets and PayPal in particular. In addition to elaborating on how PayPal payments work and how the company performs, the 35-page report answers the following key questions:
With an average yearly revenue growth of 11.2%, the global eCommerce market is projected to continue growing and lead to an increasing volume of online payments. Online shoppers can choose from a variety of options to pay their online bills. Whereas credit and debit cards were once standard, recent years have given rise to a wealth of new payment possibilities, such as eWallets and invoice/installment (i.e., buy now, pay later) providers. On the highly competitive market, eWallets occupy second place for payment options in global eCommerce, with 74% of all online stores offering at least one eWallet payment provider on their website.
This report takes a closer look at PayPal – one of the leading eWallet providers. Our in-depth analysis not only provides detailed insights about the popularity of specific payment providers by country, but it also takes a deeper look into the nature of online stores that accept PayPal payments. Is the average store accepting PayPal payments small or large? Are PayPal payments more popular among fashion stores than stores selling furniture products? And how many stores that accept PayPal payments also allow customers to pay with Google Pay?
If you are looking to learn more about PayPal, this report will not only supply you with detailed information about the global online payment market but will also deliver tangible information about the characteristics of online stores offering PayPal payments.
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