According to a new report released by Germany-based secondary market research experts from yStats.com in April, “North America Online Payment Methods 2020 & COVID-19’s Impact,” the pandemic is helping the growth of contactless payment methods in the USA and Canada. The report also unveils the most popular payment methods used…
A new report, “COVID-19 Impact on Global B2C E-Commerce and Online Payments 2020,” from Hamburg-based secondary research company yStats.com highlights the multiple effects that the spread of the coronavirus has on world electronic commerce. yStats.com CEO and founder Yücel Yelken commented that “The effect of the pandemic has been uneven…
Online Orders for Groceries and Other Essential Survival Goods Spike Amid COVID-19 As citizens are requested or in some cases ordered to stay at home in localities around the world because of the coronavirus pandemic, they turn to online shopping to stock their pantries. In some European nations that had…
Online Travel Industry Suffers Losses Due to COVID-19 Outbreak The travel industry is suffering severe losses due to the coronavirus pandemic. Online-only companies are no exception. Airbnb reportedly incurred hundreds of millions of U.S. dollars in losses and considers seeking funding from new investors. The company changed its cancellation policy,…
Online Food Delivery Sales Expected to Rise As COVID-19 Quarantine Progresses in Europe and the USA Food delivery apps are expected to be among the potential winners of the coronavirus quarantine. The example of Hong Kong shows that in the first weeks of a lockdown, consumers tend to stock up…