The North American E-Commerce Market
Major payment methods
- North American online buyers use credit cards (VISA, American Express, MasterCard, Discover) more than any other payment method; and continue to prefer them more than any other consumer market.
- U.S. consumers are willing to explore and adopt new payment methods.
- E-Commerce-specific methods or ways of paying (PayPal, Bill Me Later, Google Checkout and a number of new alternatives such as eBillMe) have gained — and continue to grow in — popularity.
- InteracOnline, a Canadian Internet Bank Payment solution is an emerging as an interesting alternative to card payments. NACHA is running a pilot for a similar scheme for the US market called Secure Vault Payments.
Challenges and Netgiro’s response
- An especially dynamic payment scene — We carefully research all new payment methods so you can add them to your program when needed.
Does your program offer the payment that today’s North American consumers prefer?
Contact us to discuss your current program or for a program bid.