Current and New Payment Methods in E-Commerce

Grzegorz Chodak ()

Chapter Chapter 3 in The Future of E-commerce, 2024, pp 51-69 from Springer

Abstract: Abstract This chapter presents a comprehensive analysis of payment methods in e-commerce. The chapter discusses advanced electronic payment systems, starting with PayPal. The chapter analyses the development of mobile payments through solutions such as Apple Pay and Google Pay and confirms the growing popularity of payment integrators. The emergence of Stripe as a key player due to its user-friendly APIs and security measures is highlighted. The chapter also looks at the development of BLIK in Poland, indicating its potential for expansion into global markets. The potential of cryptocurrency payments is also discussed, noting their advantages and disadvantages. The growing importance of e-wallets and deferred payments was discussed, highlighting their impact on consumer behaviour. In addition, the novel concept of payments linked to social media activity is introduced.

Keywords: E-commerce; Payment methods; PayPal; Stripe; BLIK; Cryptocurrency payments; E-Wallet; Deferred payments; Social media payments (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-55225-0_3

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DOI: 10.1007/978-3-031-55225-0_3

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