Weekly News: mobile payments, Walmart and the Romanian e-commerce market

Posted on by

Here are the most important news pieces about e-commerce from the last 7 days.

If you found other news worth being disseminated, send us an e-mail at echipa@gpec.ro or leave a comment below or check us out on Facebook.

Thank you!

 

Mobile payments are on the rise in Europe

plata-cu-telefonul-mobilA recent study reveals European consumers increasingly turn to their smartphones, tablets or wearable devices for the purchase of goods and services. Visa’s 2016 Digital Payments Study polled more than 36,800 online consumers across 19 European countries and found that 54% of consumers now use a mobile device to make payments for a range of activities in-store, in-app and online. That’s a significant increase from the 18% at this time last year.

Read more at E-commercefacts.com.

 

Mobile payments at Altex.ro represent 10% of the total payment volume

altex-romaniaApprox. 10% of the online sales for Altex are mobile payments and 50% of their unique e-shop visitors are using a mobile device. Around 20% of the total revenues are generated by the online sales. More details at ZF.ro and in our interview with Ovidiu Ababei, Online Director Altex Romania.

 

 

Walmart bets on the net

walmart-magazinWalmart said it plans to focus heavily on its e-commerce operations and warned investors that the cost of the long-term plan would weigh on earnings over the next two years. The strategy by the world’s biggest bricks-and-mortar retailer, which includes slowing the pace of new store openings, is centered on cracking the dominance of Amazon.com in online retailing.

Read more at Reuters.

 

fitpassRomanian online innovations

In this week’s article about online innovations published by TRUSTED.ro, we learn more about iTUX, an online service targeted at men who need to rent tuxedos, trousers and shoes, about an online subscription for fitness clubs, available in Bucharest, and also about other interesting innovations.

Read more at TRUSTED.ro.

 

andrei-radu-e1426707018380-287x300Full power ahead for the Romanian e-commerce market

The total online retail value in 2015 was 1,4 billion euros, by 27% more than in 2014 and Romanians still prefer to pay on delivery (approx. 90%), says Andrei Radu, CEO & Founder GPeC. More details about the Romanian e-commerce market, at Modernbuyer.ro.