Big Chains Accepting More Online Payments Like PayPal

April 19, 2007 by Ty | 0 Comments

E-commerce consultancy Brulant have released results of its October 2006 and February 2007 surveys. One hundred of the largest online retailers, such as JC Penney, The Home Depot and Wal-Mart were investigated and the methods of payment they offered logged.

In the intervening four months the acceptance of non-traditional payment methods, such as PayPal, Google Checkout and Bill Me Later, had almost tripled, rising 267 percent. This could be due to e-tailers gearing up for the 2006 holiday season, a result of increased awareness of alternatives or a reaction to the healthy fees being charged by the mainstream credit card companies.

More online stores offering non-traditional payment methods - E-commerce - BizReport

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