Electronic payment options on offer at a seafood market in Beijing. A report by the UN’s trade and development body sees e-payment overtaking credit cards as the most popular way to pay in e-commerce by 2019. Photo: EPA
Electronic payment options on offer at a seafood market in Beijing. A report by the UN’s trade and development body sees e-payment overtaking credit cards as the most popular way to pay in e-commerce by 2019. Photo: EPA
Technology
Tech /  Innovation

Mobile payments ‘to overtake credit cards’ as preferred ways to pay in online commerce by 2019

United Nations report notes the rapid growth of e-payment systems like Alipay and PayPal, and sees blockchain-based systems also rising in prominence

Laura He
Laura He

Updated: 11:35pm, 3 Oct, 2017

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Electronic payment options on offer at a seafood market in Beijing. A report by the UN’s trade and development body sees e-payment overtaking credit cards as the most popular way to pay in e-commerce by 2019. Photo: EPA
Electronic payment options on offer at a seafood market in Beijing. A report by the UN’s trade and development body sees e-payment overtaking credit cards as the most popular way to pay in e-commerce by 2019. Photo: EPA
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