Axerve Report
We live in an era where alternative payment methods are actively replacing the credit cards both in Ecommerce and in store due to their convenience, ease of use, optimized user experience and favorable conditions for both the customer and the merchants.
Moreover, digital payments market value keeps growing exponentially and is expected to reach $15 trillion by 2027. These are just a couple of reasons why you should consider implementing them in your business’ payment processes.
In this whitepaper we explored and analyzed alternative payment methods, what they are, how they became to exist, what types of them there are in the world with specific examples, as well as their geographical distribution and payment market share, and most importantly, exclusive aggregated data collected by Axerve.