In a new report, Online Payments in The U.S.: Navigating The Marketplace, Celent examines the online payment marketplace, its key participants, and the major trends affecting it. Based on over 100 interviews with industry executives, the report is a sweeping review of one of the fastest-growing segments of the U.S. payment industry. Among its key findings, the report anticipates that innovative payment services providers will experience a 55% revenue CAGR between 2003 and 2005, the industry’s fastest growth. The report points to significant opportunities lying ahead for some payment services providers such as check authorization providersâ€â€Âand downplays the prospects of others, such as micro-payment ventures. Celent predicts that the e-check’s share of e-commerce value will climb to 9% in 2005, up from 6% in 2003 and 3% in 2000.
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