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B2C E-Commerce in South Africa is projected to account for about a twentieth of total retail sales by 2022.

The COVID-19 health crisis brought changes to the retail market in South Africa with the decline in brick-and-mortar store due to the pandemic-induced lockdowns. The B2C E-Commerce market increased by over 60% between 2019 and 2020. Moreover, online sales are projected to represent about 5% of total retail sales by…

China, the US and the UK were the top three cross-border shopping destinations for online consumers in South Africa in 2020

The latest publication from Hamburg-based desk research company yStats.com titled “South Africa B2C E-Commerce Market 2022” shares insights into the B2C E-Commerce market development, latest trends, forecasts in the country, including the effects of the COVID-19 pandemic. The publication reveals that the top three drivers of online shopping in South…

By 2025, the number of cashless transactions is projected to exceed one and a half trillion worldwide.

  The global digital payment industry was dramatically affected by the health crisis COVID-19 in 2020 and this resulted in major shifts in the development of the market. Although non-cash transactions were already commonly used in many regions before 2020, the adoption rate of such payments accelerated significantly and is…

The number of mobile wallets in use in Asia-Pacific is projected to exceed half a billion by 2025

The latest publication from Hamburg-based desk research company yStats.com titled “Global Digital Payment Forecasts 2022-2025” shares insights into the digital payment market development, latest trends, and global forecasts, including the effects of the COVID-19 pandemic. The publication reveals that nearly a quarter of the population in the UK will use…