E-Payments To Become Mega-Market
Booz Allen Hamilton discusses the impact of Google Checkout on the eCommerce market in the UK and concludes that the market for online payments will consolidate around Google Checkout, PayPal, and 1-2 others major players.
If existing providers (predominantly the card issuers and acquirers) do not find an effective counter strategy we believe they could lose 10-20% by 2008 and in the long term up to 30%.
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