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Increased Customer Acquisition
Ideal Payment Types
Russ Jones
Payments Consultant
Glenbrook Partners
www.glenbrook.com
Revenue Revelations – Best practices for the digital economy
Meet The Perceived Customer
Revenue Revelations – Best practices for the digital economy
Meet The Actual Customer
Source: Young, 2011
Revenue Revelations – Best practices for the digital economy
Alternative Payment Examples
Revenue Revelations – Best practices for the digital economy
Alternative Payments Around The World
Source: Worldpay, 2012
Revenue Revelations – Best practices for the digital economy
Merchant Acceptance Example: Brazil
Online Payment Methods Accepted by Top 35 eRetailers in Brazil
Source: Internet Retailer Top 300 Latin America Report, 2012; Glenbrook Analysis
Revenue Revelations – Best practices for the digital economy
Global eCommerce is More Than Cards
International Card Purchase Volume Penetration, 2011
Source: Digital River, Chase Paymentech, Javelin, Glenbrook estimates
Revenue Revelations – Best practices for the digital economy
Common Global Online Payment Methods
Tender Type Definition
International
Payment Cards
Branded credit and debit cards from Visa, MasterCard,
American Express, Diners Club, JCB and UnionPay can be
used globally and are referred to as international cards
Domestic
Payment Cards
Domestically issued credit, debit, and prepaid cards
operate similar to international cards except they
authorize, clear, and settle in the country of issue
Credit Transfers Consumer “push” money to the merchant; credit transfers
are categorized as “offline”, “online”, and “real-time”; a
credit transfer is sometimes called a “giro” in Europe
Continued on next page
Revenue Revelations – Best practices for the digital economy
Common Global Online Payment Methods
Tender Type Definition
Direct Debit Pull transaction initiated by the merchant against current
funds in the customer’s bank account; formal consumer
authorization (if required) is referred to as the “mandate”
eWallets A broad category of domestic, regional, and global
alternative payment methods that hide the actual funding
source from the merchant
Bill to Mobile Enables consumers to add purchases to their monthly
mobile bill; multiple models based on direct carrier billing,
premium SMS, and home phone billing
Cash Cash on delivery (COD) and cash on order (COO) are
common in certain countries
Revenue Revelations – Best practices for the digital economy
Final Thoughts
Global eCommerce is build around international
payment cards
But international card usage varies by market, and is
particularly weak in emerging markets
Use of alternative payment methods can provide
access to incremental buyers that don’t have cards
Global Payment Service Providers (PSPs) can help
implement country specific strategies
Questions?
Email us:
russ@glenbrook.com
Visit us:
Twitter: @Glenbrook
Websites: www.glenbrook.com / www.paymentsnews.com
Email us:
webinar@vindicia.com
Visit us:
Community: community.vindicia.com
Twitter: @Vindicia
Website: www.vindicia.com

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Increased Customer Acquisition - Ideal Payment Types

  • 1. Increased Customer Acquisition Ideal Payment Types Russ Jones Payments Consultant Glenbrook Partners www.glenbrook.com
  • 2. Revenue Revelations – Best practices for the digital economy Meet The Perceived Customer
  • 3. Revenue Revelations – Best practices for the digital economy Meet The Actual Customer Source: Young, 2011
  • 4. Revenue Revelations – Best practices for the digital economy Alternative Payment Examples
  • 5. Revenue Revelations – Best practices for the digital economy Alternative Payments Around The World Source: Worldpay, 2012
  • 6. Revenue Revelations – Best practices for the digital economy Merchant Acceptance Example: Brazil Online Payment Methods Accepted by Top 35 eRetailers in Brazil Source: Internet Retailer Top 300 Latin America Report, 2012; Glenbrook Analysis
  • 7. Revenue Revelations – Best practices for the digital economy Global eCommerce is More Than Cards International Card Purchase Volume Penetration, 2011 Source: Digital River, Chase Paymentech, Javelin, Glenbrook estimates
  • 8. Revenue Revelations – Best practices for the digital economy Common Global Online Payment Methods Tender Type Definition International Payment Cards Branded credit and debit cards from Visa, MasterCard, American Express, Diners Club, JCB and UnionPay can be used globally and are referred to as international cards Domestic Payment Cards Domestically issued credit, debit, and prepaid cards operate similar to international cards except they authorize, clear, and settle in the country of issue Credit Transfers Consumer “push” money to the merchant; credit transfers are categorized as “offline”, “online”, and “real-time”; a credit transfer is sometimes called a “giro” in Europe Continued on next page
  • 9. Revenue Revelations – Best practices for the digital economy Common Global Online Payment Methods Tender Type Definition Direct Debit Pull transaction initiated by the merchant against current funds in the customer’s bank account; formal consumer authorization (if required) is referred to as the “mandate” eWallets A broad category of domestic, regional, and global alternative payment methods that hide the actual funding source from the merchant Bill to Mobile Enables consumers to add purchases to their monthly mobile bill; multiple models based on direct carrier billing, premium SMS, and home phone billing Cash Cash on delivery (COD) and cash on order (COO) are common in certain countries
  • 10. Revenue Revelations – Best practices for the digital economy Final Thoughts Global eCommerce is build around international payment cards But international card usage varies by market, and is particularly weak in emerging markets Use of alternative payment methods can provide access to incremental buyers that don’t have cards Global Payment Service Providers (PSPs) can help implement country specific strategies
  • 11. Questions? Email us: russ@glenbrook.com Visit us: Twitter: @Glenbrook Websites: www.glenbrook.com / www.paymentsnews.com Email us: webinar@vindicia.com Visit us: Community: community.vindicia.com Twitter: @Vindicia Website: www.vindicia.com

Notas do Editor

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