Germany-based business research company yStats.com’s new publication “Asia-Pacific Online Payment Methods: Full Year 2016” reveals the evolving payment preferences of online shoppers in the vast region. Among other findings cited in the report is the rapid adoption of mobile payments as shoppers find convenience in paying with a mobile device.
Read more here: https://www.ystats.com/ystats-com-convenience-drives-mobile-payment-usage-in-asia-pacific/
Find the report here: https://www.ystats.com/product/asia-pacific-online-payment-methods-full-year-2016-2/
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Press Release: Asia-Pacific Online Payment Methods: Full Year 2016
1. 1
PRESS RELEASE
Hamburg, March 14th
, 2017
Shoppers in Asia-Pacific enjoy the convenience of mobile payment, says
yStats.com report
Germany-based business research company yStats.com’s new publication “Asia-Pacific Online Payment Methods: Full
Year 2016” reveals the evolving payment preferences of online shoppers in the vast region. Among other findings cited in the
report is the rapid adoption of mobile payments as shoppers find convenience in paying with a mobile device.
The yStats.com report tells of variation in payment methods between the 10 online retail markets covered, as well as general
trends affecting the region. In advanced economies of Australia, Japan and South Korea, online shoppers prefer traditional credit cards
for payment, while in the developing nations, led by China, alternative methods are preferred. The increasing use of mobile payment is
a common trend across the region.
Merchants and payment processors are learning that a variety of methods is necessary to accommodate the payment
preferences of online shoppers. A survey cited in the yStats.com report reflects that nearly one third of shoppers surveyed in Japan had
abandoned an online shopping cart when they reached check-out and learned that their preferred method of payment was not
available.
For further information, see: https://www.ystats.com/wp-content/uploads/2017/03/20170101_Product-Brochure-Order-Form_Asia-Pacific-
Online-Payment-Methods_Full-Year-2016.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.