+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Retail Trends: Global Payment Methods in Retail

  • PDF Icon


  • 23 Pages
  • July 2019
  • Region: Global
  • GlobalData
  • ID: 4856512
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Retail Trends: Global Payment Methods in Retail

New innovative payment methods are evolving at a rapid pace with new providers, technologies, and payment platforms emerging quickly. Consumers are looking out for convenience and omni-payment options which enable them to pay with the same method whether buying in-store, online or via a mobile device. This shift demands retailers to opt for fast, simple and secure payment methods.

  • Convenience is the major driving factor for innovative payment methods
  • Cash remains the preferred mode of consumer payments followed by payment cards
  • Usage of cash is declining gradually with rise in electronic payments
  • Retailers are adopting smarter payment options to offer enhanced security
  • Contactless payments overtaking traditional payment methods
  • Self-checkout stores gain traction
  • Mobile payment apps provide consumers with new ways to exchange money
  • Increasing adoption of smart phones is propelling the growth of m-commerce

Reasons to buy
  • This report briefs about the key payment methods widely in acceptance in the retail industry, payment trends and innovations

Table of Contents

  • Payment methods in the retail industry
  • Payment trends & innovations
  • M-commerce in the retail industry
  • About the author

Companies Mentioned

A selection of companies mentioned in this report includes:

  • MediaMarktSaturn
  • WeChat
  • 7-Eleven
  • Carrefour
  • PayPal
  • Apple Pay
  • Samsung Pay
  • Gpay
  • Amazon Pay
  • Paytm