According to the results of a survey conducted in 2022, about 57 percent of general retailers in the United Kingdom (UK) and the United States stated that they were planning to outsource payment method strategies to third party providers. In contrast, only 18.6 percent of the surveyed general retailers said that they intended to outsource the technologies handling refund processes.
Share of general retailers that plan to outsource various payment technologies in the United Kingdom (UK) and the United States in 2022
The source stated that the sample size of the survey varies depending whether retailers are currently innovating or planning to innovate in the select areas.
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PYMNTS. (October 4, 2022). Share of general retailers that plan to outsource various payment technologies in the United Kingdom (UK) and the United States in 2022 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1359729/share-general-retailers-outsourcing-payment-innovations-us-uk/
PYMNTS. "Share of general retailers that plan to outsource various payment technologies in the United Kingdom (UK) and the United States in 2022." Chart. October 4, 2022. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1359729/share-general-retailers-outsourcing-payment-innovations-us-uk/
PYMNTS. (2022). Share of general retailers that plan to outsource various payment technologies in the United Kingdom (UK) and the United States in 2022. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1359729/share-general-retailers-outsourcing-payment-innovations-us-uk/
PYMNTS. "Share of General Retailers That Plan to Outsource Various Payment Technologies in The United Kingdom (Uk) and The United States in 2022." Statista, Statista Inc., 4 Oct 2022, https://www.statista.com/statistics/1359729/share-general-retailers-outsourcing-payment-innovations-us-uk/
PYMNTS, Share of general retailers that plan to outsource various payment technologies in the United Kingdom (UK) and the United States in 2022 Statista, https://www.statista.com/statistics/1359729/share-general-retailers-outsourcing-payment-innovations-us-uk/ (last visited December 21, 2024)
Share of general retailers that plan to outsource various payment technologies in the United Kingdom (UK) and the United States in 2022 [Graph], PYMNTS, October 4, 2022. [Online]. Available: https://www.statista.com/statistics/1359729/share-general-retailers-outsourcing-payment-innovations-us-uk/
