The research shows that in 10 countries across Europe double-digit growth is expected between 2019 and 2021. The Czech Republic is expected to grow 16%, Italy 14%, and Spain 13.5%.
Other key findings:
mobile commerce is the main driver of growth in Europe; I the UK and the Czech Republic for example, mobile devices are currently the most preferred device for shopping online;
in Ireland, Norway and Sweden, the smartphone as shopping device is very popular among consumers;
cards are still the most used payment method in Europe (in 11 out of 18 countries cards were the number one payment method);
card payments are especially popular in Denmark (63.4% of ecommerce payments), Ireland (60%), and the UK (53%);
in Finland, Switzerland, and the Netherlands, bank transfers are a very popular payment method;
open invoicing, where consumers pay once the goods have been received, and direct debit payments account for 40% of online sales;
in Italy, almost a third of online purchases are done using digital wallets.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.