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MasterCard survey: Prepaid Gift Card is the best present for American

ayny — Thu, 20 Nov 2008 17:52:33 +0100

Nearly one third of Americans (29%) plan to seek out bargains more this year than they did last year when shopping for the holidays, according to a new survey released today by MasterCard Worldwide. Findings show that Americans will shop smarter this year by using a variety of cost-saving strategies and shifting spend towards practical gifts, such as gift certificates or gift cards.

E-business of EU is interested in ICT

ayny — Thu, 20 Nov 2008 07:38:40 +0100

The European Commission's Directorate-General Enterprise and Industry made an e-business report called "European e-business Report - Impact of ICT and e-business on firms, sectors and the economy". It was published on 17 November 2008. This survey determined EU e-business tendencies and priorities. In fact it shows that banking is one of areas focusing on the use of information and communication technology (ICT).

comScore reports ecommerce recession in the US in October

ayny — Thu, 20 Nov 2008 07:26:07 +0100

The latest data reported by comScore reveal that the growth in the American ecommerce sector decreased to 1% in the previous month. The slowdown is explained by the lower spending in the mid to lower segments on the score of the economy slump experienced by the US along with the whole world, notes the research agency.

UK residents become more Internet addicted

ayny — Thu, 20 Nov 2008 06:44:54 +0100

The UK is becoming increasingly connected through technology such as broadband and telecoms, according to a new report.

Compiled by communications industry regulator Ofcom, the International Communications Market Report revealed that UK residents spend almost 14 hours on the web per week, up by 6.5 hours a week compared with 2004.

Clothes and books will be the most common Christmas gifts

ayny — Tue, 18 Nov 2008 11:27:20 +0100

According to the recent survey conducted by Nielsen Online more than three-quarters of US online adults made a purchase on the Internet in the previous six months. Nearly 4 out of 10 online buyers had made a travel purchase during the past six months, and more than one-third had managed their credit card or banking accounts online.

Asia-Pacific consumers reduce their discretionary spending

ayny — Fri, 14 Nov 2008 12:05:14 +0100

MasterCard Worldwide has published the results of its latest survey conducted in 14 markets of Asia-Pacific region in September. According to the latest MasterCard Worldwide Index of Consumer Confidence consumer confidence across the region has fallen 7 points from six months ago as a result of the current economic volatility and the concerns over a global economic recession.

$7.8 billion will be paid using alternetive payment methods during the holidays

ayny — Wed, 12 Nov 2008 13:25:50 +0100

According to the study conducted by research firm Javelin Strategy & Research approximately one in five dollars spent online during the holiday shopping season will be paid via alternative payment processors such as PayPal, eBillMe, and using prepaid or gift cards and online banking services.

48% Nigerians use SMS banking

ayny — Tue, 11 Nov 2008 12:16:17 +0100

According to the statement made by Adeyinka Adeyemi, managing partner, Intermarc Consulting Nigeria makes a steady progress towards ensuring full banking transaction automation, raising the value of e-payments to N360 billion in 2008.

Automated Teller Machine Industry Association (ATMIA) has also recognized the country as the fastest growing ATM market in Africa.

Alternative payments forecast from Javelin Strategy & Research

ayny — Tue, 11 Nov 2008 08:41:48 +0100

About 1/3 of all online retail transactions are predicted to be alternative payments by 2013 according to the new research released by Javelin Strategy & Research. The agency announced its 2008 Online Retail Payments Forecast made on the basis of increasing appeal and growth of alternative payment methods and the impact it represents to banks and traditional payment card networks.

Sponge reports: Mobile channels are popular with retailers

ayny — Tue, 11 Nov 2008 08:37:17 +0100

70% of online retailers across sectors including travel, fashion, leisure, catalogues, communications and publishing use mobile to communicate with their customers according to new research by mobile marketing agency Sponge. Besides, the 5th part of them said they had used mobile microsites to push specific promotions.

Christmas to be poor, reports PayPal survey

ayny — Tue, 11 Nov 2008 08:33:26 +0100

Ipsos conducted a study that was commissioned by PayPal to poll customers about their plans for the forthcoming holiday season. PayPal's 2008 Holiday Survey revealed that most of online shoppers are planning to spend less this season and to make more contributions to charities.

In light of the ubiquitous crisis that pushes people to conduct more modest living poor celebration of this year holiday festivities is quite self-evident consequence.

Fast-growing trend of New Zealand

ayny — Fri, 07 Nov 2008 10:16:58 +0100

8 out of 10 New Zealanders prefer banking online on a weekly basis. The results of recent survey conducted by local market research agency Colma Brunton in New Zealand say so.
The research showed that online banking is a fast-growing trend among the country's population. This survey also discovered that internet banking is attractive for all age groups with no visible age divide among generations.

Online retailing keeps growing

ayny — Wed, 05 Nov 2008 09:02:40 +0100

Today the retailers pay more attention to the Web than ever before. According to the Forrest Research predictions online retail sales will grow 12 % this holiday season.

Research out Wednesday by NRF's digital division, Shop.org, and shopping search site Shopzilla, shows online retailers even more optimistic: 56,1 % expect their holiday sales will be up at least 15% from last year.

Taibei’s Market Intelligence Center predicts e-shopping growth in Taiwan

ayny — Thu, 30 Oct 2008 13:03:17 +0100

E-commerce market in Taiwan is predicted to grow 32.3% above the previous year to NT$243 billion (US$7.29 billion) as reported by a local research and consulting agency. The study showed that lower prices and more product choices are the key reasons inducing people to go shopping online. It also revealed the groups of customers that are more inclined to make purchases via the Internet.

World financial crisis doesn’t touch top-executives in the USA

ayny — Tue, 28 Oct 2008 14:48:05 +0100

While the whole country suffers heavy aftermaths of the global crisis the US corporations pay flagrantly high salaries to their executives. Glass Lewis & Co advisory group made up a list of the most unreasonably expensive top managers in the country. The list is leaded by the telecommunication company Sprint Nextel Corp.

American beggars live better that the US government?

ayny — Tue, 28 Oct 2008 14:43:18 +0100

The government of Washington conducted a study on the level of income gained by the beggars doing their ‘business’ in the city. The results of the survey proved very surprising especially incredible was that the American beggars have higher ‘wages’ per month in comparison with many officials in the country. But that was not the only one surprise discovered by the research.

Juniper Research predicts growth in mobile markets of BRIC

ayny — Tue, 21 Oct 2008 11:43:45 +0200

Juniper Research reports that increasing implementation of messaging and content services along with increased availability of 2G and 3G-based mobile networks will likely stimulate operator-billed data revenues in the mobile markets of Brazil, Russia, India and China (collectively referred to as the BRIC economies) from $26.2 billion in 2008 to more than $48.3 billion by 2013.

France is the leader of online banking

ayny — Mon, 20 Oct 2008 06:25:42 +0200

comScore, Inc. has published a report in which it has stated the current situation in online banking sector. According to the research France has the best indices and is one of the most developed markets in the world. There are 32.2 million Internet users in France and 14.8 million of them have visited at least one online banking site in August. That is 28% more than last year.

Romania sees the e-commerce boost

ayny — Thu, 16 Oct 2008 14:57:39 +0200

According to the reports of RomCard the volume of the transactions made by Romanians using their credit cards in Romanian online shops for the period of January - September has exceeded a level of 2007 and reached almost 40 million euros.

Approximately 35 million euros are in circulation with the online shops. In Q3 this year, Romanians made purchases in online shops with credit cards for the total amount of 14 million euros. It is 59% more in comparison with the same period of the previous year.

Poland saw a 60% growth of e-commerce in 2007

ayny — Tue, 14 Oct 2008 10:13:15 +0200

The recent investigation conducted by Puls Biznesu has revealed a 60% growth of Polish e-commerce market. Comparing the figures of 2006 and 2007 the researchers found that 42% of the Internet users made purchases online, 21% were active participants of the online auctions. . The total volume of the online transactions reached PLN 8bn.

E-transactions ousting paper-based payments

ayny — Mon, 06 Oct 2008 12:17:05 +0200

As per a new nationwide consumer payment preferences study conducted by BAI and Hitachi Consulting more and more customers give their preference to using electronic payments at the expense of cash and checks. The research was commissioned by First Data Corporation and its STAR(R) Network, Harland Clarke, MasterCard Worldwide, Metavante and PULSE.

9 out of 10 British online adults year have experienced problems

Michele — Tue, 23 Sep 2008 12:00:05 +0200

Survey highlights £11.9 billion revenue opportunity for GB businesses that focus on improving online customer experiences.
An independent annual survey into online consumer behaviour conducted by Harris Interactive, and commissioned by Tealeaf highlights an increasingly unforgiving attitude towards online sites.

7,5% of Ukrainians know nothing about e-currencies

ayny — Fri, 19 Sep 2008 12:02:41 +0200

The recent survey in Ukraine has shown that the population does not trust the contactless payment schemes. So, only 7% of Ukrainians make regular purchases online by cashless means, 26,2% prefer to pay for online purchases by cash and 7,5% of the polled people said that they know nothing about e-currencies.

$600 billion in mobile payments by 2013

ayny — Thu, 11 Sep 2008 15:05:32 +0200

Juniper Research’s Mobile Payments Study reports that by 2013 purchases via mobile devices of digital and physical goods, contactless NFC (Near Field Communications) transactions and money transfers will in total account for over $600 billion worldwide.

Contactless NFC, mobile money transfer and physical goods purchases via mobile devices were found by the report to be three high potential markets which offer major new opportunities for the future.

70% increase expected in Mexican online sales

ayny — Mon, 08 Sep 2008 12:26:43 +0200

According to a study experts expect Mexican businesses to sell 70% more goods and services online this year mostly to people buying plane tickets and computers.

Previously in 2007 Mexican e-commerce sales jumped 78% to $955 million as reported by the country's Internet association.

The study covered sales data at 22 companies in Mexico with sizable online retail businesses, including airlines, cinemas and department stores.

2/3 of online purchases in Mexico were made to book airline tickets followed by computer-related products the study showed.

eMarketer reports the growth of e-commerce in Brazil

ayny — Wed, 03 Sep 2008 09:10:45 +0200

While in the developed countries e-commerce has slowed down, in the countries with a weaker economy the virtual economy only starts to develop. And theturnovers are rather impressing. Though we cannot say that Brazil is an economically weak country, its e-commerce is boosting now!

Contacless payments for sushi

ayny — Wed, 27 Aug 2008 11:36:07 +0200

Payments within less than half a second are now possible for the visitors of Japanese restaurant chain Wasabi which is the first restaurant chain in the UK to pilot a fully integrated contactless payment system. Previously the firm operated on a cash-only basis.

With the new technology Wasabi customers are provided with a fast and convenient ‘wave and pay’ method of payment on all transactions of £10 and under.

Expedited bill payments offered to increase revenue

ayny — Wed, 27 Aug 2008 11:31:37 +0200

A research conducted by TowerGroup shows that if financial institutions implement expedite payments at the expense of speeding the posting time of bill payment transactions it will create a new revenue stream for them.

According to TowerGroup there are about 24 million consumers in the US who are using online banking bill payment at the moment and the volume of online bill payments is forecasted to reach 3.87 billion transactions by 2012.

UK shoppers purchase online despite low incomes

ayny — Thu, 21 Aug 2008 15:08:07 +0200

The latest IMRG Capgemini e-Retail Sales Index shows that irrespective of the reduction in disposable income of the UK customers the funds spent online continue to grow £79 per every person in the UK.

The figured cited by British Retail Consortium reveal 0.9% decrease in high street sales in July as compared with the previous month.

Brazilian e-commerce in a full bloom

ayny — Wed, 20 Aug 2008 15:12:24 +0200

An income of R$3.8 billion was registered in Brazilian e-commerce in the first six months of the current year which is a 45% increase over the preceding year. Besides, e-commerce sector in Brazil showed a 42% rise in consumers up to 11.5 million. The data were cited in the 18th WebShoppers Report survey held by e-bit consultancy and by the Brazilian e-trade Chamber.