According to new research from Javelin Strategy & Research credit card share of online payments is expected to decline from 60% today to 44% in 2012. Debit card usage is expected to remain steady.
In addition to PayPal, Google Checkout, and Bill Me Later literally dozens of companies are competing in the alternative payments space. Each is hoping to deliver the most compelling mix of consumer convenience, real and perceived security, and merchant fees.
(graphic courtesy of American Banker)
Online Payments Forecast: Alternatives Payments to Go Mainstream as Consumers Seek Security and Convenience
Javelin Strategy & Research
September 2007
During her time at Glenbrook, Erin focused on client engagements in business payments, cross-border transactions, bill payment, and the intersection of corporate finance, banking, and ERP/accounting. She has nearly twenty years of experience leading increasingly complex payment initiatives for corporate clients and advising financial institutions and payment technologists on the development of their payment capabilities.
Erin is also the founder of Forte Financial, a consulting firm focused on corporate finance efficiency, technology, and process improvement. She is a past president of the Financial Women’s Association of San Francisco and also a two-term past president of the San Francisco Treasury Management Association. Erin is no longer with Glenbrook, but contributed greatly during her time at the firm.