Africa, Middle East trust cash-on-delivery as payment method in B2C ecommerce

Thursday 22 May 2014 13:20 CET | News

Cash-on-delivery enjoys the lion’s share in Africa and the Middle East in the growing B2C ecommerce market, according to the “Global Online Payment Methods: First Half 2014“report issued by the German secondary research organization

During the period under review, almost half of ecommerce transactions were initiated via this payment method, while cards accounted for a third, the same source reports.

As of 2013, credit card was the online payment method most used in B2C ecommerce in South Africa, followed by bank transfer. The region’s leader in mobile payments, Kenya, generated a small double-digit number in billions of EUR in mobile payments in the same time period.

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Keywords: Africa, Middle East, cash-on-delivery, B2C, ecommerce, alternative payments
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce