|[October 23, 2013]
Research and Markets: Cash-Based Alternative Online and Mobile Payment Services Around the World
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/d37j8x/cashbased)
has announced the addition of the "Cash-Based
Alternative Online and Mobile Payment Services Around the World"
report to their offering.
Around the world, cash remains a significant consumer payment
instrument, but as the 21st century shopping experience evolves,
consumers who use cash exclusively or almost exclusively will be
disadvantaged as goods and services increasingly move online.
In many countries, in response to the prevalence of cash for payments as
well as to the low percentage of consumers with checking bank accounts
and consumers' concerns over the security of transmitting sensitive
personal and financial details online, firms have stepped up to provide
cash-based alternative online and mobile payment services. These
services enable consumers to pay with cash forpurchases they can
initiate online or with their mobile phones.
"New technologies and services that reflect evolving consumer trends in
mobile phone and Internet use have emerged in markets that still have a
cash culture. Today, these firms provide services that accept cash at
agents, kiosks, or full-service bank branches to enable consumers to pay
for goods and services without ever having to share sensitive personal
and financial information or even have a bank account. The latter is
particularly significant in developing countries, where demand deposit
account (DDA) ownership rarely exceeds 50%," comments Tristan Hugo-Webb,
primary author of the report.
Key Topics Covered
International Cash Use Trends
Appeal of Cash-Based Alternative Payments to International Consumers
Low Level of Payment Card Acceptance
Low DDA Ownership
Profiling Global Cash-Based Alternative Payment Services
cashU (Middle East and North Africa)
Comparing US and Global Cash-Based Alternative Payment Services
For more information visit http://www.researchandmarkets.com/research/d37j8x/cashbased.
About Research and Markets
Research and Markets is the world's leading source for international
market research reports and market data. We provide you with the latest
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