In a post on PaymentsViews.com titled "eRetailer Tender Type Acceptance Analysis", Glenbrook's Russ Jones takes a look at a recent Internet Retailer study of the top 500 retail web sites and does some additional tender type analysis to see what we could learn about acceptance trends across various alternative online payment methods.

Across the top 100 online retailers, Russ found that "87% of the Top 100 accept a form of payment other than the main four payment card tenders. 72% took at least five types of tenders — the four main tenders plus one alternative. On the far end of tender types diversity, 11% of the Top 100 took at least 8 different types of tenders."

Russ notes that this analysis is specific to online retailers based in the United States. Our analysis at Glenbrook indicates that about 60% of the global eCommerce market is now outside the United States — and tender type acceptance (and acceptance strategies) vary greatly country-to-country. If you're looking to sort out your global acceptance strategy, contact Russ Jones directly for further assistance.

In yesterday's edition, we announced we were making available a copy of Glenbrook’s Payments Systems and Domains Analysis for 2008 to those who request it.

Unfortunately, in our email newsletter, the form didn't work correctly for some recipients - so you may have not be able to successfully request a copy.

If you'd like to receive a copy, please go directly to this page on PaymentsViews.com and request your copy by filling out the form on that page. We appreciate your interest in our work at Glenbrook and welcome your comments on our analysis!

ABC News Business reported Scott Mayerowitz takes a look at the many ways frustrated consumers are dealing with their credit cards - and destroying them!

For even more fun, search YouTube using the keyword plastectomy.

PayPal has released a new survey released finding that nearly half (45 percent) of online shoppers have abandoned their carts multiple times in the past three weeks due to high shipping costs, security concerns and lack of convenience. According to PayPal's survey, the average cost of abandoned goods in U.S. shopping carts is $109. READ MORE »

Javelin Strategy & Research has released a new report evaluating providers of alternative payment solutions for online retail transactions. The report, Predicting Alternative Payments Vendor Success: Balancing Needs Among Banks, Merchants, and Consumers reviews services provided by nine vendors: Acculynk, eBillme, HomeATM, Mazooma, Moneta, NACHA SVP, Noca, SeerGate, and Verient. READ MORE »

CashEdge has announced the launch of POPmoney - calling it "the first person-to-person payments (P2P) service for banks, enabling banks to provide simple and secure P2P payments from their online or mobile banking applications." READ MORE »

Mobile Money Ventures has announced it has teamed up with Citibank to offer the first browser-based mobile banking solution in the Philippines. Citi Mobile Banking allows customers to securely manage their banking needs from their mobile handsets at any time and from any location. READ MORE »

In an op-ed piece in today's New York Times titled "A Fairer Credit Card? Priceless", Ryan Bubb and Alex Kaufman write about the credit cards issued by credit unions and how those credit cards "largely conform to the new rules already, while profitably maintaining the basic features that users know and love. ... Credit union cards actually offer lower annual fees and longer grace periods than regular cards."

Visa has announced the start of a mobile payment program in collaboration with VisaNet Perú and Telefónica called Pago Móvil con Visa (Visa Mobile Pay). The new service "allows Visa cardholders in Peru to pay for products and services by simply initiating a payment over the wireless network. The service is available to Visa accountholders with credit or debit cards issued by Banco de Crédito, Interbank, BBVA Continental and Scotiabank in Peru." READ MORE »

Visa and NeuStar have announced a strategic alliance they say is "designed to accelerate the adoption of mobile financial services globally." According to the companies, "the alliance will combine the reliability, scale and security of Visa’s global payment network with NeuStar’s carrier grade infrastructure which provides critical interconnection services to global network operators and their partners enabling seamless delivery of mobile services to consumers worldwide." READ MORE »

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