Once a strong player in the UK via its alliance with BT, ClickandBuy is nowhere to be found on the UK alternative payments landscape with Worldpay, Google checkout and Protx taking spots after PayPal which continues to be the most popular online payment service in Britain, with over 20 million user accounts now registered in the country, which represents more than a third of the UK's adult population. According to stas from Internet market research outfit Nielsen Online, eBay subsidiary PayPal had 5.20 million unique visitors to its site in January - nearly five times as many as the next most popular payments outfit, Royal Bank of Scotland owned WorldPay, which had 1.07 million unique visitors. Independent contender Protx received 426,000 visitors whilst new entrant Google Checkout attracted 301,000 unique visitors. The PayPal site also came top when compared to other financial Web sites and was followed by MoneySupermarket.com which attracted 3.66 million unique visitors, Barclays with 3.02 million visitors and Lloyds TSB with 2.99 million site visitors. Commenting on the findings, Alex Burmaster, European Internet analyst, Nielsen Online, says: "PayPal continues to be by far and away number one. It has started 2008 by consolidating the lead it held throughout 2007 as the most popular financial Web site in the UK. PayPal had almost five times more unique users compared to the next online payment provider, despite new entrants in the market such as Google Checkout." PayPal processed $47 billion (£24 billion) of payment volume globally in 2007 and over 100,000 Web sites now accept the service.
Friday, February 29, 2008
ClickandBuy Loses UK Market Share - PayPal still the UK's favourite
Once a strong player in the UK via its alliance with BT, ClickandBuy is nowhere to be found on the UK alternative payments landscape with Worldpay, Google checkout and Protx taking spots after PayPal which continues to be the most popular online payment service in Britain, with over 20 million user accounts now registered in the country, which represents more than a third of the UK's adult population. According to stas from Internet market research outfit Nielsen Online, eBay subsidiary PayPal had 5.20 million unique visitors to its site in January - nearly five times as many as the next most popular payments outfit, Royal Bank of Scotland owned WorldPay, which had 1.07 million unique visitors. Independent contender Protx received 426,000 visitors whilst new entrant Google Checkout attracted 301,000 unique visitors. The PayPal site also came top when compared to other financial Web sites and was followed by MoneySupermarket.com which attracted 3.66 million unique visitors, Barclays with 3.02 million visitors and Lloyds TSB with 2.99 million site visitors. Commenting on the findings, Alex Burmaster, European Internet analyst, Nielsen Online, says: "PayPal continues to be by far and away number one. It has started 2008 by consolidating the lead it held throughout 2007 as the most popular financial Web site in the UK. PayPal had almost five times more unique users compared to the next online payment provider, despite new entrants in the market such as Google Checkout." PayPal processed $47 billion (£24 billion) of payment volume globally in 2007 and over 100,000 Web sites now accept the service.
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