Online Payment Methods
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Online payment methods. WORLDWIDE SUPPORTED PAYMENT METHODS OVERVIEW Nexway’s range of payment methods is part of Nexway MONETIZE solution MONETIZE starts with nexway acting as provides fulfillment integrations, and ensures Merchant of Record (MoR). you keep control data compliance, leaving you the time to invest of your product and catalog, customers, user in your products and services! experience, and marketing operations. Nexway, as MoR and your legal reseller, is liable to the Built upon a micro-services and API based financial institutions that process the payments architecture, MONETIZE is able to couple next to ensure security and data integrity. Nexway generation payments, AI capabilities to provide secures transactions and payments worldwide, a unique approach to software, game and collects and remits orders and sales tax, service monetization. NEXWAY: Payment Methods Overview Nexway support flexible payment options Payment Cards Alternative payments We accept major credit card payments from We support several ways to pay including major over 140 countries worldwide. alternative payment methods, online and offline bank transfers, direct debits and more. Main payment cards Payment cards are not the only way to pay for online transactions. in reality there are more than 300 different types of payments in the e-commerce world. NEXWAY: Payment Methods Overview Alternative payment methods Online bank transfers Online: Customers use their online or real-time Bank account to transfer money with immediate online authorisation. Examples: iDEAL, eNets, Sofort, Giropay Direct debits For instance predictable recurring transactions such as subscriptions. Examples: SEPA DD E-wallets E-wallet is a digital system that stores a person’s payment information, and which is used for e-commerce. An e-wallet can be loaded via individuals’ payment cards or bank accounts. Some e-wallets can also store individual payment cards details, loyalty cards, insurance cards, and driver’s license. They can also store your health card plus other IDs that you’d normally keep in a traditional wallet. Examples: Alipay, PayPal, Qiwi, Yandex Mobile payments By 2021, retail e-commerce sales turnover is expected to grow to US$4.9 trillion, representing 17.5% of total retail sales. The lion’s share of this volume (73%) will be transacted over mobile devices, aggravating customer demand for convenient and frictionless payments. Source: Barclays Mobile payments, also known as m-payments, may be defined as any payment where a mobile device is used to initiate, authorize and confirm an exchange of currency in return for goods and services. Examples: Apple Pay, Android Pay Local card schemes These schemes often operate like traditional cards but only in specific domestic markets in most cases. Some are more sophisticated e.g. offering card and bank transfer options. Examples: MisterCash, Cartasi, Postepay, Cartes Bancaires E-invoices Customer pay for their goods after receiving an invoice from the merchant. Examples: Klarna Nexway manages global and local payments Nexway adresses the complexities and challenges within the global market Nexway solutions suit customer needs. Main payment methods by region Knowing which payment methods are preferred in key markets will help you understand how to develop your global payment strategy! North America USA most Representative Popular alternative payment methods Visa 57% Mastercard 23% American express 9% Others 5% Star 2% Diners Club 1% Pulse 1% Discover 1% Canada most Representative Popular alternative payment methods Visa 39% Interac 35% Mastercard 24% American express 3% NEXWAY: Payment Methods Overview Europe Belgium most Representative Popular alternative payment methods Bancontact 82% Visa 13% Mastercard 4% American express 1% Denmark most Representative Popular alternative payment methods Dankort 71% Mastercard 15% Visa 13% France most Representative Popular alternative payment methods Cartes Bancaires 91% Others 5% Mastercard 2% American express 1% Germany most Representative Popular alternative payment methods Girocard 71% Visa 14% Mastercard 12% American express 2% NEXWAY: Payment Methods Overview Italy most Representative Popular alternative payment methods Bancomat 44% Mastercard 27% Visa 24% Poste Italiane SpA 4% American Express 1% The Netherlands most Representative Popular alternative payment methods Mastercard 95% Visa 4% Norway most Representative Popular alternative payment methods BankAxept 73% Mastercard 13% Visa 11% American express 1% Others 1% Diners Club 1% Poland most Representative Popular alternative payment methods Visa 56% Mastercard 44% NEXWAY: Payment Methods Overview Russia most Representative Popular alternative payment methods Visa 45% Mastercard 37% MIR 11% Golden Crown 3% Others 3% Spain most Representative Popular alternative payment methods Visa 68% Mastercard 30% American Express 2% Sweden most Representative Popular alternative payment methods Mastercard 64% Visa 33% American Express 2% Dinners Club 1% Turkey most Representative Popular alternative payment methods Visa 55% Mastercard 43% American Express 1% Others 1% United Kingdom most Representative Popular alternative payment methods Visa 85% Mastercard 14% American Express 1% NEXWAY: Payment Methods Overview Latin America Brazil most Representative Popular alternative payment methods Bancontact 82% Visa 13% Mastercard 4% American Express 1% Mexico most Representative Popular alternative payment methods Visa 60% Mastercard 33% American Express 5% Carnet 2% NEXWAY:: PaymentPayment MethodsMethods OverviewOverview Asia Pacific Australia most Representative Popular alternative payment methods Visa 55% Mastercar 43% Eftpos 1% American Express 1% China most Representative Popular alternative payment methods China UnionPay 99% Other 1% Hong Kong most Representative Popular alternative payment methods EPS 32% China UnionPay 30% Mastercard 15% Visa 12% American express 7% Others 4% India most Representative Popular alternative payment methods Visa 55% Mastercar 43% RuPay 1% American Express 1% NEXWAY: Payment Methods Overview Indonesia most Representative Popular alternative payment methods Mastercard 47% Visa 44% Others 7% JCB 1% Bank Central Asia 1% Japan most Representative Popular alternative payment methods Visa 39% JCB 29% Mastercard 20% J-Debit 8% American Express 3% Malaysia most Representative Popular alternative payment methods Visa 49% Mastercard 32% Bankcard 17% American Express 2% New Zealand most Representative Popular alternative payment methods EPTPOS 51% Visa 32% Mastercard 13% American Express 3% Others 2% NEXWAY: Payment Methods Overview The Philippines most Representative Popular alternative payment methods BlancNet 36% Mastercard 33% Visa 24% MegaLink 3% Expressnet 2% American express 1% JCB 1% Singapour most Representative Popular alternative payment methods NETS 37% Visa 32% Mastercard 24% American Express 5% Dinners Club 1% South Korea most Representative Popular alternative payment methods Others 29% Visa 21% Mastercard 14% Shinhan Financial Group 10% BC Card 8% KB Kookmin Card Co Ltd 7% Samsung Card 6% Hyundai Card 5% Thailand most Representative Popular alternative payment methods Visa 72% Mastercard 23% Thai Payment Network 3% American Express 1% NEXWAY: Payment Methods Overview Get started www.nexway.com www.nexway.com Copyright © 2019 NEXWAY. 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