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Big Chains Accepting More Online Payments Like PayPal
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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