Indian customers making online purchases prefer making payments through credit or debit cards rather than cash-on-delivery or online banking modes, recent research data reveals.
Nearly 74% of the respondents preferred credit/debit/prepaid cards over cash-on-delivery for their online purchases, while only 51% used cash-on-delivery, followed by 47% who used internet banking, according to a survey conducted by Visa card scheme, gadgets.ndtv.com reports. Read more
Ассоциация компаний интернет-торговли (АКИТ) подвела итоги российского рынка e-commerce за 2014 год. Объем рынка российской интернет-торговли составил 713 млрд руб., за год показав рост в 31%, – в начале года АКИТ прогнозировала рост рынка в среднем на 30%. Ключевыми драйверами роста рынка выступили увеличение количества интернет-пользователей в регионах и развитие мобильного интернета. Read more
Mobile payments security provider Omlis warns that financial institutions in Western Europe face losing consumer trust, marginalization and even relegation to less profitable markets if they neglect to address the outdated IT infrastructures used to secure their mobile payment transactions. Read more
There is a growing interest by South African internet users to shop online, with 22% of internet users having said they have made purchases online and 48% expecting to do so in the future, recent data reveals.
The key drivers that would encourage South African online shoppers to shop online more often are lower product costs (88% of online shoppers say this would make them more likely to shop online), faster delivery (selected by 85% of online shoppers), flexible delivery options (selected by 82% online shoppers) and safer ways to pay (selected by 75% online shoppers), according to a survey conducted by Ipsos, a global market research company, and commissioned by PayPal. Read more
Cross-border ecommerce is growing steadily in the Nordic countries, with online stores in Sweden being popular among other Scandinavians, according to recent findings.
Norwegian consumers shop the most at foreign online stores, with 10% of them purchasing at Swedish ecommerce websites at some point every year’s quarter, according to the `E-handeln i Norden 2015` report issued by the postal operator PostNord, ecommercenews.eu reports. Read more
In 2014, the online retail industry increased by 8.4% to reach EUR 13.96 billion, recent research data reveal.
During July – December 2014, the ecommerce industry even grew more than it had done from 2009 onward, according to the ‘Thuiswinkel Markt Monitor’ report issued by the market research company GFK, ecommercenews.com reports. Although the growth rate of online spending in 2014 (8.4%) was about the same as in 2012 (8.6%) and 2013 (8.5%) there was a big change in H2 2014. During the period July-December, 2014 online spending increased by 11.9%. Read more
По сравнению с концом 2013 г. держатели банковских карт стали пользоваться ими более активно – такие данные содержатся в исследовании РосИндекс компании Synovate Comcon. Read more
Polish mobile commerce is growing three times faster than ecommerce, recent findings reveal.
Mobile payments on e-purchases are expected to increase to USD 0.9 billion (PLN 3.5 billion) in 2016, according to a survey by PayPal and market research company Ipsos. From 2013 to 2016, the average annual growth in mobile commerce in Poland is estimated at 32.8%, compared to 10.4% across all ecommerce, including m-commerce. Mobile spending in Poland was worth USD 0.38 billion (PLN 1.5 billion) in 2013.
UK parcel volumes from online retail orders grew 9.5% year-on-year in January 2015, recent findings reveal.
Although this is below the 13% forecast for the year, it is higher than the growth seen in January 2014 (3.8%), according to the MetaPack UK Delivery Index issued by Interactive Media in Retail Group (IMRG) and the ecommerce delivery services provider MetaPack. The number of parcels dispatched by UK retailers through UK carriers is expected to break the 1 billion mark by the end of 2015.
Apple’s new mobile-payment system, ApplePay, has been hit by a wave of fraudulent transactions, The Wall Street Journal reports.
The transactions were using credit-card data stolen in recent breaches of retailers including Home Depot and Target
About 80% of the unauthorized purchases have been for items bought with smartphones at Apple’s own stores. The Apple Pay system itself has not been penetrated by hackers. Rather, fraudsters are entering stolen card data into phones, which can then be used to make purchases without a physical card being present.
An estimated 9.5 million NFC-ready point-of-sale (POS) terminals were shipped worldwide in 2014, a recent report reveals.
EU legislators have now the ability to future-proof new data protection laws against major technological advances by ensuring that they are not too prescriptive.