Figures

According to the release of Reserve bank of Australia (RBA) Australia's credit card balance fell 0,5 in March.  All the figures demonstrate a sure downward tendency. So, for instance the total balance of credit and charge card transactions has decreased from $43.25 billion in February to $43.04 billion in March.

Thanks to e-commerce in today's world, international business has been excessively enlarged and keeps on increasing its sizes, transforming its processes, improving efficiency and effectiveness. Businesses are rushing ahead in a chase of its own place on the rapidly evolving market. And the same striving show economies in the UAE and Dubai.

Due to some specific reasons Africa was isolated from the goods of civilization for a long time. Though some parts of this "wild" continent are still in that isolation some countries began their rapid development.

As per Gemius study conducted in European countries, Poland shows a huge popularity of e-commerce. 36% of Polish internet users have shopped on line and will continue doing it in the future. During the year 2007 the number of residents who regularly utilize internet in the daily activities increased from 11 to 15 million.

At the instance of ChannelAdvisor, the leading provider of e-commerce channel management solutions, JupiterResearch and Internet Retailer, an independent research firm, have conducted a survey on marketing and sales strategies for online retailers that concentrated upon the basic motive forces of multi-channel online retailing.

The European Commission has studied the industry of cashless payment solutions and came to conclusion that purchases of flight tickets online as well as meals at restaurants are the most risky transactions. Having studied all the materials on fraud suits occurred between 2004 and 2007, purchase of flight tickets is less secured and, as a result, this kind of crime is the most common one. 

The dollar broadly strengthened on Friday after the government reported fewer job losses in April than expected and the Federal Reserve boosted liquidity to tackle a credit crisis.

At 2100 GMT, the euro traded at $1.5422, down from $1.5462 late Thursday. Earlier it had slid to $1.5360, its lowest level since March 24.

Recently Australian eBay banned all the payment methods except PayPal. Due to these new rules eBay has lost a lot of its customers and users. But this situation is favorable for the competitors. So, online auction OZtion, launched in 2005 in Melbourne, stated that after monopolizing of PayPal their listings grown by 22% in the last two weeks to 580,000 simultaneous listings.

According to statistics in 2007 Canadian people spent 62.7 billion dollars online which is 26 percent increase over the preceding year.

Most transactions were committed in private sector. The sales rate there reached 58.2 billion dollars, and it means a 25 % growth. Whereas public sector business made $4.5 billion sales, a 30 % rise.

In one of the recent reports it was said that during the last year the British have lost more than £290m in 2007 due to the fraudsters' activity, but according to BBC reports the figure would have been nearly twice as high if every attempt had been successful.

Card-not-present or CNP fraud can be carried out online, by mail order or over the phone and does not involve the buyer presenting the card to the retailer.