SmartDebit review report on European e-commerce

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SmartDebit

(PRWEB UK) 1 January 2013

According to a report by Ecommerce Europe, the number of online purchases of goods and services is increasingly significantly across the continent. The European e-commerce sector is on the rise and is expected to reach more than EUR305 billion in 2012, an increase of EUR51 billion from 2011.

The study reveals that Southern and Eastern European nations are experiencing high e-commerce growth levels. Eastern countries such as Czech Republic and Poland are expecting growth figures of between 25 and 30 per cent. The UK, France and Germany account for nearly 70 per cent of the total EU e-commerce market. The findings highlight that Europe is the world’s biggest market followed by the United States with an expected turnover of EUR280 billion and the Asia-Pacific market with EUR216 billion during 2012.

Further research shows that global business-to-consumer e-commerce is estimated to increase by 20 per cent.

SmartDebit’s online Direct Debit service gives organisations across the UK the capability to sign consumers up to pay by Direct Debit via their website. A spokesperson from the Bureau commented on the growing e-commerce market and the importance for businesses to offer online sign up facilities, “Organisations benefit from the lowered expenditure of hoarding products, and the product display is in the form of images and information about the product or service. Consumers today are comfortable paying for products and services online and often expect to do so. Business should also be aware of the increasing use of mobile commerce, which is expected to account for 20 per cent of all online sales in 2012.”

About SmartDebit

SmartDebit is the UK’s leading Direct Debit Bureau, specialising in payment processing services since 1998. A Bacs approved Bureau, scoring ‘Excellent’ in all five categories of the Bacs audit, and ISO 27001 compliant. Providing a complete range of services: Outsourcing; SmartDebit-Admin cloud based portal; SmartDebit-Online payer sign up; SmartDebit-API integrated solution and SmartDebit-Contingency.

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