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E-Commerce Credit Card Alternatives Soaring In Popularity

Written by Evan Schuman
April 12th, 2007

Some of the largest E-Commerce chains have suddenly started to embrace non-traditional payment methods, with one analyst firm finding a startling 267 percent increase in such acceptance in February, when compared with the identical survey done in mid-October.

Statistics, though, can be misleading, especially when the initial numbers are small. Although a 267 percent increase sounds like a landslide of non-traditional payment support, the survey also found that only 24 percent of the tracked sites offered any alternative payment.

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Posted in E-Commerce, Payment Systems, Premium Content
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One Comment | Read E-Commerce Credit Card Alternatives Soaring In Popularity

  1. Ryan T Says:
    December 13th, 2007 at 5:46 pm

    Every time I read an article from a US based publication regarding alternative payments the only ones mentioned are PayPal, Google Checkout and BillMeLater. There are dozens of other more popular “alternatives” to cards. For instance of all e-commerce payments in Germany only about 20% are card based and none of the above “alternatives” are used regularly there.

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