According to a survey commissioned by ClickandBuy, a leading internet payment system, it seems that online merchants are losing business by not offering a sufficiently wide choice of internet payment methods.  The survey of 2000 online British adults, which was carried out by independent survey firm YouGov, found that half (50 per cent) of those who regularly shop online said that if their preferred payment method is not available, they will cancel the purchase.   

Supporting this statistic is that over one third (40 per cent) of all adults surveyed said that they would feel more comfortable purchasing from a retailer who offers a wide range of payment methods than a retailer who only offers one payment option. 

To read the full article click here