November 23, 2017
Why Brazilians Love Black Friday and How It Jump-Started E-Commerce
Washing machines, dishwashers, vacuum cleaners – did you know that the need for electrical household appliances is one of the major driving forces behind the astounding success of online shopping on Black Friday in Brazil? Although nowadays, Black Friday has become quite a global shopping phenomenon, there are some particularities that make it an unequaled success story – and show...
April 27, 2017
Mobile Commerce, Payments & Banking: 7 Key Facts
Nowadays, it has become breathtakingly easy and convenient to buy something. Whereas, not too long ago, you needed to physically visit a store and until recently, the only thing you needed to shop was a desktop PC with internet connection. Now you can simply reach into your pocket and purchase pretty much anything from anywhere in the world. Because of...
March 29, 2017
5 New Insights about Payment in the DACH Region
The ECC Payment Study vol. 21 shows what online merchants need to know about payment to avoid discouraging shoppers. What payment methods are most popular in Germany, Austria and Switzerland with e-commerce customers – and why? What are the payment methods of the future – and how intensively are they currently being used? By Sabine Risse, ECC / IFH Köln These...
March 8, 2016
A Closer Look at the Reasons behind Poland’s Successful E-Commerce Market
Poland has one of the strongest e-commerce markets in Europe. The biggest reason for this is consumer confidence. Poland is, in terms of population, one of the largest countries in Europe and is currently experiencing enormous growth in e-commerce: Online retail is on the rise, driven by consumer confidence and increasing online shopper penetration, reaffirms a report by Business Wire....
December 28, 2015
Biometric Data: The Next Step in Consumer Authentication
The way in which consumers verify their identity online is rapidly changing, a development which is being driven forward by biometric data Consumers should probably not be too surprised if they soon find themselves being addressed as follows: “Dear customer, please turn on your webcam and have your ID at the ready. We will shortly conduct a brief ID check”....
November 26, 2015
How Mobile Purchases are Proving to be Beneficial for Many Retailers
M-commerce is changing the way customers shop, both online and in stores. That’s good news for retailers Data doesn’t lie: More and more customers landing on e-commerce sites are getting there via smartphones and tablets. In the third quarter of 2015, about 50 percent of e-commerce traffic came from mobile devices, while in the first quarter of 2014 that number...
November 12, 2015
Effective Risk Management is very Important. 3 trends
Merchants should ensure they are up-to-date with the following three trends in the area of risk management For all e-commerce and m-commerce merchants, effective risk management is very important. Recognising fraud in good time prevents lengthy corrective processes and potential loss of revenue. Merchants should therefore ensure they are up-to-date with the following three trends in the area of risk management Faster and...