Alternative Payments Come of Age: Threat or Opportunity

http://www.americanbanker.com/papers/-1006363-1.html

Price: FREE

Publisher: Moneta

Publication Date: Friday, January 22, 2010

Pages: 12

Document Format: PDF

This white paper challenges banks to rethink their payment offerings and look strategically at payment solutions that offer a significant stake in this growing marketplace. Alternative (non-card) payments currently represent more than 20% of all online sales with analysts projecting this market share to reach 25% by 2011. The largest portion of this market share is with PayPal, which typically disintermediates banks from the transaction process and can potentially reduce deposit levels. Learn how to assess the value offered for three key stakeholders: Banks, Consumers and Merchants in available alternative payment methods.

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