Online Payments - Thematic Research

This report discusses the existing online payments sector and identifies the disruptions affecting it, including the emergence of new technologies and players. It covers the latest technology, macroeconomic, and regulatory trends and examines new solutions that have the potential to simplify the online payment process for merchants and consumers.

The online payments industry is fragmented due to the sheer number of participants involved in payment transactions but also due to the large number of payment options available to consumers. With the emergence of new technologies transforming the payment industry, long-established companies are investing heavily in new solutions through M&A to ensure they maintain their market share and can compete with the fintech startups that are disrupting the sector. Card payments (which have been the main payment tools for online payments) are gradually losing their position to alternative payment methods. 78.6% of payments in Asia Pacific in 2020 were conducted using alternative payment options. This trend is expected to spread to other regions in the future.

Scope

• The global online payment sector reached $4.8 trillion in 2020, with China alone accounting for over a third of transaction value.
• While payment cards remain the dominant online payment tool, the industry is experiencing a shift towards alternative payment methods.
• Established companies are acquiring new technologies by purchasing startups or competitors that have already adopted new technologies.

Reasons to Buy

• Understand the online payments value chain in full, including how mobile payments affect the established elements of the value chain.
• Learn where emerging technologies such as real-time payments and central bank digital currencies will impact the online payments value chain.
• Find out where the growth opportunities are in the medium and long term.
• Gain insight into coming regulatory changes that will affect the online payments sector.