Financial Services Industry
Industry: Email Alert RSS FeedOnline Payments: New Cardless Choices Clicking
Bank Technology News, September, 2006 by Glen Fest
Although the $239 billion in current credit card e-commerce transactions will grow to $340.9 billion by 2009, a recent Celent report on the online payments arena suggests this will still represent a precipitous decline. The 86 percent market share of credit/signature debit cards in online payments will fall below 50 percent in just three years, due to the strident growth in alternative payment services like eBay's PayPal and newly unveiled e-wallet rival, Google Checkout.
The looming e-payments battle between the two giants is frequently positioned as to how these two will divide the spoils of the card issuers' loss and how their alliance and bundling strategies will partition the market, such as when eBay immediately booted Google Checkout from its accepted payor list. But...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
