Alternative Online Consumer Payments: Banks and Merchants Weigh a Host of New Options.Javelin Study Evaluates How Well Emerging Vendors Solve Online Transaction Needs SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Javelin Strategy & Research (www.javelinstrategy.com) today released a report that evaluates providers of alternative payment solutions for online retail transactions. The report, Predicting Alternative Payments Vendor Success: Balancing Needs Among Banks, Merchants, and Consumers (http://www.javelinstrategy.com/lp/AlternativePaymentsBrochure.html), reviews the rates and the value of services provided by nine vendors. "Several emerging methods are strong at balancing the needs of banks, merchants and consumers, which historically predicts success in new payment methods. None of the solutions are perfect, yet we found many vital differences among those we analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. ," said Mary Mary, the mother of Jesus Mary, in the Bible, mother of Jesus. Christian tradition reckons her the principal saint, naming her variously the Blessed Virgin Mary, Our Lady, and Mother of God (Gr., theotokos). Her name is the Hebrew Miriam. Monahan, Managing Partner and Research Director. Included in the report are vendors with some level of emerging status (eliminating vendors such as PayPal and BillMeLater), as well as some level of financial-institution orientation (eliminating Revolution Money). Vendors evaluated include Acculynk, eBillme, HomeATM, Mazooma, Moneta, NACHA NACHA National Automated Clearing House Association NACHA National Agency Clearing House Association SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul , Noca, SeerGate, and Verient. Key Findings from the Report Include: * The three vendor solutions that come closest to widespread success are those offered by Acculynk, eBillme and Moneta - with Verient's platform finishing close behind. * Many former alternatives for online retail transactions are quickly going mainstream. * Emerging payment methods from traditional payment providers have the advantage of trusted brands and established networks for issuance, acceptance and processing. * To retain and grow valuable customer relationships, financial institutions must offer dynamic, alternative payment solutions that meet consumer, merchant and bank needs. "Financial institutions are faced with increasing competition from non-financial institution payment brands, such as PayPal, that seek to usurp u·surp v. u·surped, u·surp·ing, u·surps v.tr. 1. To seize and hold (the power or rights of another, for example) by force and without legal authority. See Synonyms at appropriate. 2. transaction volume, particularly online," said Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. Cundiff, Director of Payments Research and Consulting. "As consumers shift from credit cards to various forms of 'pay-now' methods, financial institutions must offer new payment methods to remain the primary and all-around trusted financial provider." About Javelin Strategy & Research Javelin is the leading independent provider of quantitative and qualitative research Qualitative research Traditional analysis of firm-specific prospects for future earnings. It may be based on data collected by the analysts, there is no formal quantitative framework used to generate projections. focused exclusively on financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. topics. Based on the most rigorous statistical methodologies, Javelin conducts in-depth primary research studies to pinpoint dynamic risks and opportunities. Javelin helps its clients achieve their initiatives through three service offerings, including syndicated research subscriptions, custom research projects and strategic consulting. Javelin's client list includes some of the largest banks, credit unions, card issuers, and technology enterprises in the financial services industry. For more information about this or other Javelin reports, please visit www.javelinstrategy.com/research or contact Elizabeth Travers at (925) 225-9100 ext 31 or at etravers@javelinstrategy.com. |
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