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Online and mobile payments are increasing globally, with new channels emerging (pressebox) Hamburg, 07.05.2013 - The recent "Global Online Payment Methods 2013 - First Half 2013" report provides information about the worldwide 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.The emergence of new online payment channels and development of alternative payment methods are expected to drive further growth. Near Field Communication (NFC) based e-wallets came on the scene in 2012 as one of the most promising new mobile payment methods. NFC mobile spending worldwide is expected to increase exponentially by 2017 and account for over half of total mobile payments made worldwide. Hybrid payments combining online and mobile methods are expected to emerge in 2013. MasterCard already introduced such a solution earlier this year, while Visa entered a partnership with Samsung to encourage development of mobile payments. PayPal surpassed its revenue targets in 2012, more than tripling the value of processed payments.New payment methods build on the infrastructure and consumer preferences already in place, so regional differences exist. In the USA, the major trend on the electronic payment market is the move toward mobile payments. Traditional payment providers, such as card issuers and processors, online payment players, retailers and mobile operators are entering the field in increased masses. The mobile payment transaction value in the USA reached a two-digit figure in billions of Euros in 2012 and is expected to grow further as mobile commerce increases and more brick and mortar stores accept mobile payments.In Latin America in general, credit card was the most popular payment method in B2C E-Commerce in 2012. In Brazil, the local payment solution Boleto Bancario was used widely...
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