Canada to become a significant e-commerce market

Friday 14 February 2014 10:33 CET | News

Canadians maintain higher online engagement, visiting more pages on a monthly basis, than their US counterparts (101 vs 97), according to a recent study.

The same source unveils that by 2018, online spending will account for 10% of the total retail spending. The report mentions thatthis number, combined with exponential adoption rates of mobile marketing and the increased comfort of security around newer payment processing platforms, e-commerce will definitely continue to demonstrate promising growth in Canada.

According to Parry Rosenberg, Vice President of Sales and Marketing at MONEXgroup, cited by online media outlet, currently it’s more important than ever for merchants to be one step ahead with technology to take advantage of a growing, engaged market.

Check out our Cross-border Ecommerce Research section here for more info on country-specific ecommerce facts & figures, preferred payment methods, risk and fraud, as well as ecommerce legislation & regulation for mature and emerging markets.

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Keywords: Canada, e-commerce market, online engagement, US
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce