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Credit cards maintain their lead in global online payments, with alternatives encroaching

Hamburg-based secondary research organization yStats.com has released a new report: “Global Online Payment Methods: First Half 2014“, which reveals that credit cards continue to have the largest share of global B2C E-Commerce payments and are likely to maintain that lead in the near future. However, the fastest growing alternative methods,…
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New online payment methods for travel provide alternatives to dominance of the credit card

The latest report published by Hamburg-based secondary research organization yStats.com “Global Online Travel Payment Snapshot 2014“, confirms that credit and debit card dominate in the vast dynamic market of online payment for travel and lodging, while alternative payment methods are slowly making inroads. Regarding these alternatives, yStats.com analyst Tatiana Teplova…

Webrazzi: Low adoption of digital payment hinders faster growth of e-commerce in the Middle East

The Middle East represents a rich but surprisingly underserved region in the field of e-commerce. Whilst the share of connected population rises across the region, lack of sufficient tools for digital payment hinders faster growth in electronic retail purchases. According to a report by yStats.com, B2C e-commerce currently accounts for less than 1%…

Fibre2Fashion: E-commerce is Best Platform to Promote Sustainable Fashion

E-commerce is a reliable platform to promote sustainable fashion to consumers around the world, according to industry experts. Speaking to Fibre2Fashion, Makoto Morishita, Executive Director and Secretary General, ASEAN Fashion Week, commented, “Every single person promoting sustainable clothing can make a difference. More often so, we see that intermediaries exploit such avenues regrettably. The best…

Globalization Partners: Do you have a Global E-Commerce Strategy?

Putting up only an English language store online used to be what e-tailers and international consumers would seemingly accept. In 2013 we definitely saw a tipping point whereby successful global retailers understand now that your E-Commerce website needs to be localized to support each of today’s leading global markets. I found two very interesting…

Fibre2Fashion: Online shopping in UAE growing at 20% – yStats

Hamburg based secondary research company yStats.com has released a new report on B2C E-Commerce. The “MENA B2C E-Commerce Report 2014” indicates that Middle East and Northern Africa are among the most dynamic regions in global E-Commerce, with still more growth expected in coming years. According to the findings of this report, B2C…

Online retail sales in Middle East still low, with strong growth potential

Hamburg based secondary research company yStats.com has released a new report on business to consumer commerce conducted electronically. The “Middle East B2C E-Commerce Report 2014” indicates that E-Commerce in the region has grown significantly in recent years, and is prepared for a boom, as internet connections spread and the population…