Not all countries have cards as the predominant payment method when paying for goods and services online. Payment methods can be quite diverse from country to country.
Expert Market have designed a map to display the different online payment methods of 29 countries around the world. The data has been compiled by global payment company Adyen who have processed over $25 Billion in payment transactions in 2014 alone.
Payment methods online can be based on preference and payment infrastructure of that country. Online businesses looking to enter different e-commerce markets around the world will find it beneficial to have the capabilities to support as many of the relevant payment methods as possible. The ability to make the transaction process as easiest as possible for customers can help optimize revenues online.
The map below displays the mix of online payment methods in different countries around the world.
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