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This study analyses the evolution of Internet-based payment solutions offered to consumers in Europe. It is based on the observation of 100 electronic payment schemes taken from the e-Payment Systems Inventory, which is one of the deliverables of the electronic Payment Systems Observatory (ePSO) project. The main topics monitored by the report are:
- the role of non-banks within the payment systems providers;
- the positioning of telecommunications operators against banks;
- the main trends of payment solutions according to their level of deployment;
- the increasing importance of mobile networks and virtual wallets as payment platforms;
- the comparison between e-purses and pre-paid dedicated accounts;
- the reaction of banks with respect to virtual wallets;
- the main platforms that allow micro-payments;
- how credit cards remain the main Internet payment instrument;
- the emerging alternatives to credit cards for cross-border payments;
- the role played by consumer costs in the failure of a payment system.

The full text of this paper is available online at:

Additional information

Authors: CARAT G, European Commission, Joint Research Centre, Insitute for Prospective Technological Studies, Seville (ES)
Bibliographic Reference: EUR 20264 EN (2002), pp.28. Free of charge
Availability: Available from European Commission, JRC Knowledge Management Unit, Ispra (IT) Tel: +39 033278 9843 or +39 033278 9864 Fax: +39 033278 9623 E-mail:
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