A recent PayPal Checkout Abandonment Study found 24% of online shoppers did not complete their purchase transaction because they could not find their preferred payment option.
- According to a recent online shopping cart abandonment report released by PayPal and Jupiter Research, 55% of customers think about payments before they reach your checkout processing page. Data thefts, and securities vulnerabilities along with security breaches now drive customers to search for Alternative Payment Plans.
According to "Online Consumer Research firm Javelin Strategy & Research estimates that, inside two years, “Alternative” Payments will be over 30% of all online dollar volume.