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Credit cards continue to dominate the B2C e-commerce market across the European Union and will hold a leading position in the near future, according to a report by the German research organization yStats.com.
Cards account for a large share of B2C e-commerce transactions in Europe, followed by e-wallets in second place. European Union legislators are developing rules for electronic payments by integrating aspects such as security.
Online payments are the biggest contributor to the growth of card payments in the UK, with an annual growth rate of over 10%. Contactless card payments in the UK surpassed £ 100 million ($ 168.3 million) in early 2022. In France, credit cards remain the most preferred payment method in e-commerce, followed by PayPal. The annual growth in online payments using credit cards in France slowed to less than 10% in early 2022. In Italy, the figure rose, while in Spain the most popular payment methods for online purchases in 2021 were bank credit cards and PayPal.
In Sweden, credit cards were also the most popular online payment method in both e-commerce and mobile commerce, but the proportion of users who prefer using them declined between 2020 and 2021. A similar situation was observed in Denmark, Norway, Austria and Estonia, while in Finland, online bank transfers have become the preferred payment method in e-commerce .
In Germany, as in Switzerland, invoice maintains a leading position among the popular online payment methods due to its security and convenience. However, the popularity of credit cards and e-wallets is growing .
As a reminder, a recent study reported that payment cards in the United States have skyrocketed in popularity.
Credit cards continue to dominate the B2C e-commerce market across the European Union and will hold a leading position in the near future, according to a report by the German research organization yStats.com.
Cards account for a large share of B2C e-commerce transactions in Europe, followed by e-wallets in second place. European Union legislators are developing rules for electronic payments by integrating aspects such as security.
Online payments are the biggest contributor to the growth of card payments in the UK, with an annual growth rate of over 10%. Contactless card payments in the UK surpassed £ 100 million ($ 168.3 million) in early 2022. In France, credit cards remain the most preferred payment method in e-commerce, followed by PayPal. Annual growth in online credit card payments in France slowed to less than 10% in early 2022. In Italy, that figure rose, while in Spain, the most popular payment methods for online purchases in 2021 were bank credit cards and PayPal.
In Sweden, credit cards were also the most popular online payment method in both e-commerce and mobile commerce , but the proportion of users who prefer using them declined between 2012 and 2021. A similar situation was observed in Denmark, Norway, Austria and Estonia, while in Finland, online bank transfers have become the preferred payment method in e-commerce .
In Germany, as in Switzerland, invoice maintains a leading position among the popular online payment methods due to its security and convenience. However, the popularity of credit cards and e-wallets is growing.
Recall that a recent study reported that payment cards in the United States have grown rapidly in popularity.
Cards account for a large share of B2C e-commerce transactions in Europe, followed by e-wallets in second place. European Union legislators are developing rules for electronic payments by integrating aspects such as security.
Online payments are the biggest contributor to the growth of card payments in the UK, with an annual growth rate of over 10%. Contactless card payments in the UK surpassed £ 100 million ($ 168.3 million) in early 2022. In France, credit cards remain the most preferred payment method in e-commerce, followed by PayPal. The annual growth in online payments using credit cards in France slowed to less than 10% in early 2022. In Italy, the figure rose, while in Spain the most popular payment methods for online purchases in 2021 were bank credit cards and PayPal.
In Sweden, credit cards were also the most popular online payment method in both e-commerce and mobile commerce, but the proportion of users who prefer using them declined between 2020 and 2021. A similar situation was observed in Denmark, Norway, Austria and Estonia, while in Finland, online bank transfers have become the preferred payment method in e-commerce .
In Germany, as in Switzerland, invoice maintains a leading position among the popular online payment methods due to its security and convenience. However, the popularity of credit cards and e-wallets is growing .
As a reminder, a recent study reported that payment cards in the United States have skyrocketed in popularity.
Credit cards continue to dominate the B2C e-commerce market across the European Union and will hold a leading position in the near future, according to a report by the German research organization yStats.com.
Cards account for a large share of B2C e-commerce transactions in Europe, followed by e-wallets in second place. European Union legislators are developing rules for electronic payments by integrating aspects such as security.
Online payments are the biggest contributor to the growth of card payments in the UK, with an annual growth rate of over 10%. Contactless card payments in the UK surpassed £ 100 million ($ 168.3 million) in early 2022. In France, credit cards remain the most preferred payment method in e-commerce, followed by PayPal. Annual growth in online credit card payments in France slowed to less than 10% in early 2022. In Italy, that figure rose, while in Spain, the most popular payment methods for online purchases in 2021 were bank credit cards and PayPal.
In Sweden, credit cards were also the most popular online payment method in both e-commerce and mobile commerce , but the proportion of users who prefer using them declined between 2012 and 2021. A similar situation was observed in Denmark, Norway, Austria and Estonia, while in Finland, online bank transfers have become the preferred payment method in e-commerce .
In Germany, as in Switzerland, invoice maintains a leading position among the popular online payment methods due to its security and convenience. However, the popularity of credit cards and e-wallets is growing.
Recall that a recent study reported that payment cards in the United States have grown rapidly in popularity.