Abstract
Online shopping, peer-to-peer connections and safer, more secure online
services are the fundamentals driving the growth of consumer online
alternative payments in the United States. In this all-new Packaged Facts
report, the current and future market landscape is analyzed, which Packaged
Facts estimates at $37.3 billion in 2007, up 33% over 2006.
Packaged Facts presents the market for alternative payments in relation to
both the business-to-consumer (B2C) ecommerce market and the total "consumer"
payments market. The report presents the size and growth of the market using
several key metrics, including paper payments, card payments and electronic
payments, as well as trends and factors that affect the industry. Special
regard is given to the activity of top players and the varied upstarts,
particularly in mobile payments, hoping to steal share and further alter the
old school payments paradigm. Major key competitors are profiled, along with a
focused analysis of consumer payment demographics and preferences.
Note: Packaged Facts defines alternative payments as entirely electronic and
predominantly conducted over the Internet (though not all are conducted
through the ACH network). Generally, alternative payments exclude all forms of
paper and any debit or credit card where the purchase or remittance is made
directly with that medium. The most common alternative payments are
consumer-to-business purchases and peer-to-peer, also referred to as
person-to-person (P2P) payments.
Research Methodology
These report data were obtained from government sources, trade associations
and publications, business journals, company literature, investment reports
and interviews with industry players. In most cases, market data span the
2000-2007 period.
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