Managed Hosting News

 Wednesday, 1st December 2010, 17:00:00

Brits spend £6.4 billion on credit cards every month online, report says

Brits spend £6.4 billion on credit cards every month online, report says

UK adults are spending around £6.4 billion on their credit cards over the internet every month, a new report has found.

The average online credit card spend is £192 per month and an astonishing 1.2 million people are putting £1,000 per month on plastic over the internet, according to Sainsbury's Finance.

In addition, around 25.4 million adults are now regularly making purchases online using credit cards, showing that ecommerce is still a significant way of making revenue for businesses.

Stuart McKeggie, head of cards at Sainsbury's Finance, said that only a few people have a credit card that they do not use online.

He said: "The growth of online shopping in such a short time is staggering. Our research found that only seven per cent of credit card holders do not use their cards online."

Ecommerce spending increased by 23 per cent in October compared to the same month in 2009 with a 17 per cent rise so far this year.

Posted by Phil Williams ADNFCR-1984-ID-800266073-ADNFCR

Categories:  |  Ecommerce  |  

Related Headlines:

 29-11-2010: Brits turning to mobiles for ecommerce

 29-11-2010: Food ecommerce sales rising in the UK

 29-11-2010: Thanksgiving and Black Friday witness ecommerce rises in the US

 26-11-2010: Purchases made in 'one in six' ecommerce website visits

 26-11-2010: Ecommerce solutions could help businesses extend geographically

Previous Headlines:

 01-12-2010: Managed hosting could be on the rise as worldwide sever shipments soar

 01-12-2010: Firms struggling to implement online marketing strategy, report says

 30-11-2010: Gartner predicts cloud computing will be one of biggest trends in IT next year

 30-11-2010: Domain name numbers surge by nearly four million in Q3

 30-11-2010: Cloud computing will keep businesses productive this winter, expert says

Meet the News Team...

CALL: 0808 180 1880

or just email our Sales Team if you have any questions about any of Hostway’s services.

News Categories:

Read the latest headlines from these selected categories...

News Archives:

Previous headlines...

* All prices exclude VAT where applicable. All plans, packages and offers are subject to terms and conditions of sale available on the site.

© Hostway Corporation. All rights reserved.

A global web hosting leader, Hostway has strategic locations in the United States and Europe, including the Netherlands, Belgium, France, Romania and Germany, as well as Korea, India, and Australia.