PCM E-Commerce RSS

Retail e-commerce sales, which include products and services except travel, restaurant and event ticket sales, ordered via the internet over any device reached $1.915 trillion in 2016. This accounted for 8.7 percent of total retail spending worldwide. While the pace of growth for overall retail sales is subdued, the digital portion of sales continues to [...]

The post WORLDWIDE RETAIL E-COMMERCE SALES REACH $1.9 TRILLION appeared first on Payments Cards & Mobile.

A new study from Ovum, has attempted for the first time to quantify the detrimental effect instant payments and PSD2 will have on traditional credit and debit card payments. The research Instant payments and the post-PSD2 landscape, commissioned by Icon Solutions, publishes quantitative insights into how PSD2 will be the catalyst for both the decline [...]

The post PSD2 DRIVES A 37 PERCENT DECLINE IN ONLINE CARD VOLUMES appeared first on Payments Cards & Mobile.

Global Payment Cards Data and Forecasts to 2021, an annual survey of the global payment cards sector, reveals that the value of e-commerce card payments made worldwide grew by 26 percent during 2015 to reach $2.7 trillion, and represented 12 percent of all card expenditure. Key factors driving this impressive growth include: A surge [...]

The post ONLINE CARD SPENDING TO DOUBLE BY 2021 TO $6 TRILLION appeared first on Payments Cards & Mobile.

One-in-four European internet users shops online weekly, according to research from Mastercard. Although uptake of e-commerce across Europe is high, there are interesting differences country to country around how often people shop online, what they buy and how they prefer to pay. UK internet users emerge as the most regular e-commerce shoppers in Europe overall. [...]

The post EUROPE: NOT A UNIFIED E-COMMERCE MARKET appeared first on Payments Cards & Mobile.

Security scans performed on 60,000 Magento websites, the most popular e-commerce platform, show that 78 percent are missing critical security patches, while are confirmed to have malware harvesting their customers’ payment card details. The findings follow a number of high profile breaches of customer data over the past year, involving companies including Oracle, Cisco and [...]

The post 78 PERCENT OF E-COMMERCE WEBSITES AT RISK appeared first on Payments Cards & Mobile.