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Press Release: North America Online Payment Methods: Full Year 2017

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“North America Online Payment Methods: Full Year 2017” is a new report released by Germany-based secondary market research company yStats.com. According to this publication, the use of digital and mobile wallets such as PayPal and Apple Pay is rising both in the USA and Canada, and is rivaling credit cards as the primary payment method of North American online shoppers.
Read more: https://www.ystats.com/new-payment-report-by-ystats-com-digital-wallets-on-the-rise-in-north-america/
Find the full report here: https://www.ystats.com/market-reports/north-america-online-payment-methods-full-year-2017/

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Press Release: North America Online Payment Methods: Full Year 2017

  1. 1. PRESS RELEASE Hamburg, July 11th , 2018 Digital payment methods catching on in North America, says yStats.com report Hamburg-based online business intelligence company yStats.com’s recent publication, “North America Online Payment Methods: Full Year 2017” includes, among other data, projections of increasing use of digital and mobile wallets such as PayPal and Apple Pay in the USA and Canada. Credit card is still the leading choice of online buyers in the USA and Canada, according to the yStats.com report, but consumer interest in alternative methods is rising. For example, merchants such as Starbucks and Walmart have introduced their own mobile payment apps, though third-party mobile apps led by Apple Pay garner the highest usage ranking of mobile wallet solutions in the USA. Consumer adoption of new payment methods is motivated by the perceived convenience of use of digital and mobile checkout, along with concern over security of credit and debit card information in online purchases. About a third of surveyed consumers in the USA responded in 2017 that they do not store credit card information on online merchant sites out of fear that their data could be compromised. Another survey cited in the yStats.com report reflects Canadian consumer’s high preference for rewards offered through mobile phone payments. For further information, see: https://www.ystats.com/wp-content/uploads/2018/07/2017.11.07_Product-Brochure-Order-Form_North-America-Online-Payment- Methods_Full-Year-2017.pdf 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: press@ystats.com Internet: www.ystats.com Twitter: www.twitter.com/ystats LinkedIn: www.linkedin.com/company/ystats Facebook: www.facebook.com/ystats 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.