By subscribing to our blog page you can make informed business decisions based on timely COVID-19 statistics for E-Commerce & payments worldwide

Refer to our Privacy Policy  on our website to see how we protect your information. You can opt  out at any time by unsubscribing. 

 NEW BLOG POST 

Weekly Blog, March 25th 2021

Weekly Blog, June 4th 2021

In the developed countries of the European region, a significant share of consumers has had an experience with purchasing secondhand clothing.

In Europe, generally, consumers still tend to choose traditional payment methods such as credit and debit cards, but they also started shifting payments into their mobile phones, rapidly increasing the value of mobile transactions amid the health crisis. With that, E-Wallets, such as PayPal, are among the top means of payment for E-Commerce purchases.........Read more

In Europe, debit card payments were the most common payment method for online purchases in 2020, closely followed by digital wallets, such as PayPal.

Weekly Blog, June 17th 2021

Merchants and consumers were challenged during the health crisis and were prompted to shift their payment habits from offline to online. The most commonly used payment methods in the region were credit and debit cards, followed by digital wallets. However, beyond the common preference for use of cards, ...........Read more

During COVID-19, bank wire transfers, bank debit and cheques continued to be the go-to payment choice for B2B companies worldwide.

Weekly Blog, July 9th 2021

Even though B2B marketplaces currently hold an only a marginal share of the total B2B sales, their future looks much brighter.

Globally, more than one-third of B2B buyers used marketplaces to purchase at least half of their products and services in 2020, while less than 10% of those surveyed did not use marketplaces. Moreover, after the onset of COVID-19, around one-fourth of B2B buyers significantly increased their purchases on marketplaces.  With that, for over half of B2B buyers ...........Read more

Weekly Blog, July 19th 2021

The online payment industry in the Middle East and Africa continues to accelerate, especially after the onset of COVID-19 pandemic in 2020.

After the lockdown, consumers adopted even more strongly the alternative ways of payments when shopping due to the fact that they were faster, more secure and did not require any physical contact. Included in the range of new emerging payments in the Middle East and Africa were cryptocurrency, biometrics, QR Code and others. Moreover..........Read more

Weekly Blog, July 26th 2021

Unlike other regions of the world, the Middle East B2C E-Commerce market has developed slowly.

Furthermore, the Internet penetration rate in the Middle East was in 2020 was estimated at 40%, far lower than the 80-90% penetration rate of the leading global regions. In a pre-COVID-19 assessment, the value of the B2C E-Commerce market in the region was expected to increase by more than 20% Y-o-Y from 2019 to more than USD 20 billion by 2020.However, with the online shopping surge spurred by COVID-19, the estimated value of the market in 2020 was..........Read more

Weekly Blog, July 30th 2021

During the COVID-19 pandemic, the global business-to-business industry, despite being more resistant to change than retail sales, has increasingly started moving towards E-Commerce. Between 2019 and 2020, the value of B2B digital sales grew by almost 20%, and in February 2021, E-Commerce accounted for more than half of business-to-business sales globally. Furthermore, in 2021, more than 90% of B2B buyers globally preferred virtual sales interactions, .........Read more

Weekly Blog, April 15th 2021

In some countries of Western Europe, including Germany and Italy, the latter was even the first choice of online shoppers. Furthermore, despite the strong cash culture in Western Europe, mobile payment adoption increased in the region, especially after the onset of the COVID-19 pandemic.........Read more

Weekly Blog, December 9th 2020

DHL expects a particularly busy season for its facilities in Asia-Pacific

The trend for online payments had already existed for quite a long time but with the onset of the COVID-19 pandemic, it accelerated even further.