TABLE OF CONTENTS
ABOUT DATAMONITOR 2
CHAPTER 1 INTRODUCTION 7
The Cards & Payments Briefings Service 7
What is this briefing about? 8
Who is the target reader? 8
How to use this briefing? 8
Scope 9
Why is this briefing relevant to readers in the Asian-Pacific region? 9
Datamonitor’s definition of an online consumer payment 9
CHAPTER 2 MARKET CONTEXT 11
Consumers’ online behavior 11
Internet access is fast becoming the norm in many European markets 11
Many consumers conduct research online but fewer are willing to buy online 13
Travel is the hottest online sector 15
Making payments online is still a minority pursuit 17
Sizing online consumer payments markets 18
The US online consumer payments market dwarfs European markets 19
Conclusion 21
CHAPTER 3 COMPETITIVE DYNAMICS 22
Credit and debit cards 22
Credit cards are the dominant online payment mechanism in many markets 22
Debit cards are most commonly used online in France and the UK 25
Fighting back against online card fraud 26
Virtual card numbers: using a different number every time 29
A SWOT analysis of credit and debit cards in the online space 31
Prepaid online payment methods 32
Catering for demand among the young and young at heart 33
Paysafecard: the pioneer European prepaid card provider 34
Splash Plastic remains one of the largest players in the prepaid space 36
A variety of other providers compete in the prepaid online payment space 37
A SWOT analysis of prepaid online payment solutions 39
P2P payment solutions 40
Establishing a niche in the online payment space 40
PayPal is the dominant player in the online P2P payments space 42
A SWOT analysis of P2P payment solutions 44
eWallets 45
eWallets: bringing security and convenience to online payment 45
Mixed fortunes in the eWallets space 46
A SWOT analysis of eWallets 49
mPayments solutions 50
mPayments solutions: giving a new role to the mobile device 51
Vodafone: taking the mPayments model forwards 51
Mobipay: a mPayments solution for payment both on and offline 52
Paybox: leaves the European mPayments market 54
A SWOT analysis of mPayments solutions 55
Conclusion 56
Benchmarking online consumer payment solutions 57
CHAPTER 4 THE FUTURE DECODED 62
Forecast of the growth of online consumer payments to 2007 62
US online consumer payments will reach EUR168.2 billion in 2007 62
CHAPTER 5 APPENDIX 67
Research methodology 67
IMPACT 67
Supplementary data 68
Definitions 69
Relevant links 71