A Look at the Use of Alternative Payments for eCommerce Purchases

Edgar, Dunn recently commissioned an independent online survey of 700 individuals in the United States who made Internet purchases during the 2007 end-of-year gift shopping season, and the results revealed a significant shift in consumer use of these types of "alternative forms of payment". A new Insight article by Pascal Burg explores some of the implications of this shift to key stakeholders including alternative payment providers, traditional payment providers, merchants, and consumers. Almost a third of survey respondents used PayPal, Bill Me Later or Google Checkout to make an online purchase during the 2007 end-of-year gift shopping season.