Despite being the predominant payment method in the UK and much of Europe, in some countries credit cards are not the most popular way to pay.
Expert Market has designed a map to display the different online payment methods used by 29 countries around the world. The data was sourced by global payment company Adyen who have processed over $25 billion in payment transactions in 2014 alone.
Online businesses looking to enter different e-commerce markets around the world can ensure their business is equipped to cater to the country’s payment preferences and optimise their online stores based on region. The ability to make the transaction process as easy as possible for customers can help optimise revenues online.
The map below displays the mix of online payment methods in different countries around the world.
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