Online and mobile payments on the rise in Europe, reports yStats.com According to the findings of a new report released by yStats.com, a Germany-based desk research specialist, the digital payment market in Europe is projected to reach new heights by 2024. The publication, entitled “Europe Online Payment Methods 2020,” reveals the payment method preferences of online shoppers in 20+ countries and summarizes the latest trends in mobile payment adoption. Full report here: https://bit.ly/3dZjpLo

1. PRESS RELEASE
Hamburg, March 10th
, 2020
Online and mobile payments on the rise in Europe, reports yStats.com
According to the findings of a new report released by yStats.com, a Germany-based desk research specialist, the digital
payment market in Europe is projected to reach new heights by 2024. The publication, entitled “Europe Online Payment Methods
2020,” reveals the payment method preferences of online shoppers in 20+ countries and summarizes the latest trends in mobile
payment adoption.
Payment method preferences in Europe vary by country
Payment method rankings included in the yStats.com report show that Europe’s Internet shoppers have diverse choices regarding
online payments. Buyers in the UK and France prefer card payments and E-Wallets like PayPal, while a major share of digital buyers in selected
Eastern European countries chose to pay on delivery. In German-speaking nations, payment by invoice ranks high, while Dutch digital buyers
predominantly use online banking method iDEAL.
Mobile payment adoption is taking off in Europe
Surveys and market projections cited by yStats.com also reveal that mobile payment usage is growing steadily across Europe. The
Nordics were leading in the region by 2019 mobile payment penetration rates, while consumers in Germany and France are yet to catch up.
Recent surveys also show that shoppers in Russia and Poland are also keen on using mobile payments, with usage rates expanding between
2018 and 2019.
For further information, see: https://www.ystats.com/market-reports/europe-online-payment-methods-2020/
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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.