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Company Profiles of Leading Online Payment Service Providers Published

08-18-2015 12:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ystats.com Gmbh & Co. KG

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Logo yStats.com

Germany-based B2C E-Commerce and online payments market intelligence company yStats.com has recently published “Company Profiles of 10 Leading Online Payment Service Providers 2015”. The publication covers major facts and important news about some leading online payment service providers and details their online payment methods coverage.

Of the ten selected major online payment service providers, four are based in the USA and six in European countries. From these locations, most of the featured companies have a global reach. For example, US-based CyberSource, a subsidiary of Visa Inc., covers close to 200 countries and Europe-based Ingenico Payment Services now counts around 170 in its portfolio. The breadth of coverage is also reflected in multi-currency offerings and network connections: DataCash, a MasterCard company, for instance, supports online payments in nearly 180 currencies and Chase Paymentech in 130, while Germany-based Wirecard has connections to around 200 international payment networks.

The recent dynamism and growth of the online payment market has resulted in investment rounds, acquisitions and partnerships involving the key industry players. To name a few, GlobalCollect was acquired by Ingenico Group for over EUR 800 million, Worldpay acquired US-based SecureNet Payment System to enhance its omni-channel payment offering and the parent company of Digital River World Payments, Digital River Inc. was acquired by an investor group led by Siris Capital. Across the companies, a growth in major characteristics such as transaction volume and revenues was noticeable. For instance, Netbanx, an online payment processing company of Optimal Payments, saw its transaction value grow by almost one third in 2014.

The featured companies differ in their coverage of online payment methods, though some general trends are noticeable across the group. One observed is that of offering more local payment methods along with international payment methods, to account for varying preferences of online shoppers in different markets. Another observed trend is the introduction of more alternative methods, such as E-Wallets, bank transfers, cash alternatives and others, in addition to credit and debit card payments.

For further information, see:
https://www.ystats.com/wp-content/uploads/2015/07/New-CI_Product-Brochure-Order-Form_-Company-Profiles-of-10-Online-Payment-Service-Providers-2015.pdf

About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.

Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.

We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.

Press Contact:
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com

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