Czech Republic has the fastest-growing ecommerce in Europe

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.