BRIC Online Payment Methods Report

Online and mobile payments are increasing in BRIC countries, with new channels emerging The recent "BRIC Online Payment Methods Report 2013 - First Half 2013 provides information about the movement toward online and mobile purchase transactions. The report is based on recently published information from a variety of sources and details the latest trends and news on the topic, with projections of continued growth in the next few years. In Brazil, the local payment solution Boleto Bancario was used widely, while several payment providers introduced new online and mobile payment tools in the country. In Russia, cash remained the main payment method in B2C E-Commerce in 2012, but online payments gained in both awareness and usage. By far the most popular among online payment methods in the beginning of 2013 was bank card, followed by E-Money and online banking. Electronic payment providers in Russia saw a significant growth in revenue in 2012.Direct debit was the most popular payment...

Online and mobile payments are increasing in BRIC countries, with new channels emerging

The recent "BRIC Online Payment Methods Report 2013 - First Half 2013 provides information about the movement toward online and mobile purchase transactions. The report is based on recently published information from a variety of sources and details the latest trends and news on the topic, with projections of continued growth in the next few years.

In Brazil, the local payment solution Boleto Bancario was used widely, while several payment providers introduced new online and mobile payment tools in the country.

In Russia, cash remained the main payment method in B2C E-Commerce in 2012, but online payments gained in both awareness and usage. By far the most popular among online payment methods in the beginning of 2013 was bank card, followed by E-Money and online banking. Electronic payment providers in Russia saw a significant growth in revenue in 2012.

Direct debit was the most popular payment method within B2C E-Commerce in India in 2012, followed by credit cards.

The total online payment transaction value in China demonstrated strong quarter-on-quarter growth in 2011-2012. Third-party online payments, which are used by around a third of online shoppers in China, were especially on the rise. Also, Alipay launched a mobile wallet application in China, offering online-to-offline payments. In India, direct debit accounted for over a half of B2C E-Commerce payment transactions in 2012.

Key Topics Covered:

1. MANAGEMENT SUMMARY

2. Brazil

3. Russia

4. India

5. China

Companies Mentioned:

For more information visit http://www.researchandmarkets.com/research/9n2phz/bric_online

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