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Marketplace Payment Statistics

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Payment processing is one of the most crucial aspects of running an eCommerce marketplace. When you’re starting an online mall like Amazon or eBay, make sure you can offer the most convenient payment methods for your customers. It’s important to keep in mind that the payment method’s popularity greatly depends on the country you’re selling in. For example, Sofort is one of the most popular payment gateways in Germany, and Alipay—in China. The thing is—you can easily lose customers at checkout if they don’t trust or don’t like your payment methods.

The CS-Cart team has been developing a marketplace software CS-Cart Multi-Vendor for 14 years now and they implemented over 70 payment methods into their platform. These guys have the expertise and they share it with an infographic. Check out eCommerce payment statistics by CS-Cart.

Payment processing is one of the most crucial aspects of running an eCommerce marketplace. When you're starting an online mall like Amazon or eBay, make sure you can offer the most convenient payment methods for your customers. It's important to keep in mind that the payment method's popularity greatly depends on the country you're selling in. For example, Sofort is one of the most popular payment gateways in Germany, and Alipay—in China. The thing is—you can easily lose customers at checkout if they don't trust or don't like your payment methods. The CS-Cart team has been developing a marketplace software CS-Cart Multi-Vendor for 14 years now and they implemented over 70 payment methods into their platform. These guys have the expertise and they share it with an infographic. Check out eCommerce payment statistics by CS-Cart.

Score from the experts at Killer Visual Strategies

Visual Communication - 65%
Design - 80%
Content/Script - 70%
Usability - 75%

73%

Final Grade

This infographic offers a look at some data around the importance of payment processing online. The list structure presents the information clearly, but some similar pieces of information might feel slightly repetitive for the reader — this might have to do with the structure or the organization. Each data point has a helpful spot illustration, though missed opportunities for data visualization mean that the reader must rely on the text to understand the importance of the associated stat. Across the piece, the consistent color palette and design style do help support a cohesive viewing experience. The use of sources is a helpful addition to this piece, though some typos in the text may lower the overall credibility. This infographic has a solid foundation and could achieve even more impact with additional focus. We'd give this a C.

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