By  on July 24, 2008

Retailers from Polo Ralph Lauren to American Eagle Outfitters are adding different payment systems to their online stores and reporting a lift in sales as high as 6 percent.

Alternative payment systems are expected to be used in 30 percent of online transactions by the year 2012, according to Glenbrook Partners, a payments strategy consulting firm. Examples of alternative payment systems include PayPal, Bill Me Later, Google Checkout and eBillMe.

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