PPRO research confirms local payment methods will take centre stage

Tuesday 26 October 2021 15:00 CET | News

PPRO, a UK-based fintech, has released the 2021 edition of its Payments Almanac, revealing that local payment methods will dominate as cross-border ecommerce grows.

PPRO’s 2021 Payment Almanac provides comprehensive research on local payment methods, consumer behaviour, ecommerce data, trends and projected market growth for 150+ countries around the world.

Considering 77% of global online purchases are not made with an international credit card, but with a local payment method, the Almanac provides the e-commerce industry with a resource to better understand the payments landscape, learn about the future trends, and meet the needs of their target markets, according to the press release.

Throughout the pandemic, many merchants, especially those based in the US, expanded their ecommerce presence worldwide. For companies looking to sell into a new market, the Payment Almanac will help refine their cross-border strategy by providing an analysis of market trends and payment methods in every region.

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Keywords: PPRO, research, local payment method, ecommerce, merchant, data
Categories: Payments & Commerce
Countries: United Kingdom
This article is part of category

Payments & Commerce