Online Payments Visa is top brand Amex and BillMeLater buyers are big spenders

[mandy]

Online shoppers pay most often with Visa, but those who pay with deferred payment option Bill Me Later or American Express cards are more likely to be big spenders, according to recent survey data from JupiterResearch.

54% of consumers surveyed in July said they owned a Visa credit card and 38% called it their preferred way to pay online. Comparable ownership/preference figures for other credit cards were: MasterCard 41%/24%, Discover 18%/9% and American Express 16%/9%.

51% said they owned a debit card and 30% called it their preferred way to pay online. PayPal ownership was 33%, with 23% saying it's their preferred payment method...

full article: http://www.internetretailer.com/dailyNews.asp?id=23864