PayPal – champion!!!

According to statistics got from market research outfit Nielsen Online PayPal with its 5.20 millions of unique visitors occupies top positions in the January rating of payment systems in the UK. For comparison, Royal Bank of Scotland owned WorldPay, had "only"1.07 million unique visitors, MoneySupermarket.com - 3.66 million unique visitors, Barclays -3.02 million visitors and Lloyds TSB had attracted 2.99 million of users.

Continuing the logical line Protx has received 426,000 visitors against 301,000 owned by Google Checkout, new entrant of PayPal. The latter has a lower traffic but it's just the beginning as it was launched in the UK market not so long ago.

As we can see PayPal has a significant preference over other payment systems - almost 5 times. And this tendency is observed not only in the UK. The popularity of PayPal during the last years has grown fantastically. In 2007 PayPal possessed $47 billion (?24 billion) of global payment volume. 

The latest survey results have shown that this tendency to increase will continue up to 2012 and will reach 30%.  And the results of recent polls indicated that about 30% of online retailers in the US offer their customers such payment options as Google Checkout, PayPal and Bill me Later.

Aynny, reporter of Ecommerce Journal