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FuturistSpeaker.com
January 9th, 2008 at 10:18 pm

Will That Be Visa, PayPal or Google?

Three out of 10 major online
retailers offered new payment methods as an alternative to credit cards
in December 2007, according to a study by Brulant.

http://www.decorcentral.com/images/google_checkout_logo.jpg

That is up from the 24% of major online retailers who offered such payment methods in February 2007.

More than one-fifth of online retailers surveyed offered
Bill-Me-Later. PayPal was a close second,with 19% offering it as a
payment option. One out of 10 online merchants studied accepted Google
Checkout for payment.

“One of the most surprising findings is the increase in
retailers offering all three alternative payment methods,” said Brulant
principal Adam Cohen. “Today we find 5% adoption of all three, at a
variety of retailers from Toys ‘R Us to PetSmart to Rite Aid."

More than three-quarters of online retailers surveyed accepted private label gift cards as a payment method.

PayPal saw the largest increase in adoption between February and
December 2007 at 217%. Adoption of Google Checkout doubled during the
same period.

Via eMarketer

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