09:22 - February 29th, 2016

iDEAL registers over 23% increase in 2015

In 2015, iDEAL was used more than 222 million times, a year-on-year increase of 23.2 percent.

The total amount paid with iDEAL in 2015 was EUR 18 billion. With a growing interest in iDEAL abroad, the Dutch Payments Association expects a further increase of the number of iDEAL transactions in 2016.

For the first time, more than 20 million iDEAL payments were made (23 million) in a single month (December 2015). Compared to...

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15:00 - February 2nd, 2016

B2c e-commerce booming across Southeast Asia


B2c e-commerce in Southeast Asia has seen rapid growth and is predicted to maintain double-digit growth rates for the next several years.

B2c e-commerce trends and developments in the emerging markets of Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam were highlighted in a new report by secondary market research firm yStats.com, titled ?Southeast Asia B2C E-Commerce Market 2015?. In this new publication, th...

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14:58 - February 2nd, 2016

Online sales will reach $523 billion by 2020 in the U.S.

Forrester says the number of consumers browsing and buying online will hit 270 million by 2020, driven largely by activity on mobile devices.

Online sales in the United States are expected to reach $523 billion in the next five years, up 56% from $335 million in 2015, and mobile devices are expected to be a key driver in that growth, Forrester Research Inc. says.

A new report from Forrester, titled ?U.S. Cro...

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12:43 - December 1st, 2015

Online sales record for Thanksgiving and Black Friday

Black Friday has only just begun but already early reports show a record number of online sales as well as consumers using their mobile devices for shopping. The software firm Adobe tracks sales at 4,500 websites and could report a 50% rise in mobile commerce. Only half way through the day online sales was already $500 million strong, thereby online sales were up $100 million from the same period last year. Prices are expected to cont...

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