World of Payments
Each country has its own preferred methods of payment. Of course, credit cards and PayPal are popular in many parts of the world. But do you know which method of online payment Germans prefer? And what is more commonly used in the Netherlands - credit card or direct debit?. Analysis of the most used methods of payment was carried out by Expert Market, trading platform that allows companies to find the best suppliers. The study used data provided by the payment Adyen. As can be seen on the map around the world is dominated by calculations using credit and debit cards Visa / MasterCard. This is the most popular online payment methods.
But if we look at the map of Europe, it becomes clear that there is much more variety in payment methods. Credit cards are the most popular here, as well as around the world. For instance, in Italy 83% online transactions by using Visa or Mastercard, which is much more than use of PayPal (13%) and American Express (4%). In Spain, the popularity of these cards is even higher - 91% of users on the Internet to pay by Visa or Mastercard. However, in Poland the popularity of credit cards is much lower - 45% of online shoppers prefer this method of payment. At the same time, online banking (35%) popular as well. Followed by cash (15%) and PayPal (5%).
In Germany, the most preferred method of online payment is the ELV (reduced from Elektronisches Lastschriftverfahren) - direct debit payments, which is supported by German banks. In the Netherlands, the most popular is also a local method of payment - iDeal, supported by the majority state-owned banks in the country, 55% of online shoppers prefer to use iDeal payment when they shop online.
In Turkey, Credit and debit cards are very popular (87%), but Visa and MasterCard are not used. PayPal is the second most popular payment method (7%), also used by other electronic wallets (6%). In Russia, are not only popular credit and debit cards, but also electronic payments Qiwi, Yandex and Webmoney.