The team at Vouchercloud have put together the following infographic on Consumer Psychology and the Ecommerce Checkout Process. It gives unique insight into customers’ motivations and behaviour on e-commerce sites, and offers tips on how to improve your site to increase conversions. Consumer Psychology and the E-Commerce Checkout – An infographic by the team at
2013 marked an important mobile payment’s “first,” with tablet payments comprising almost half of all mobile commerce. Javelin Strategy & Research have released Mobile Payments Market: Tablet Payments Surge as Overall Mobile Retail Sales Top $60 Billion which provides an in-depth study of the mobile shopping market, including market sizing of online, app and proximity
South Africa’s Standard Bank has set up an experimental internal Bitcoin trading platform, according to a presentation given at the 2014 Finovation Europe conference in London. Standard Bank has launched the pilot programme using technology provided by Switchless, a platform that enables banks to provide Bitcoin services to their customers. Photographs on the Finovate blog
PayU, a South African online payment solutions provider has reported a significant increase in merchants utilising their services from various industries, with a notable increase in general retail. New merchants signed over the last 12 months include TFG, Cape Union Mart, Safair, Toys “R” Us and DionWired, amongst others, says Charles Elliman, Head of Sales
South Africa’s National Treasury has published its Electronic Services Regulations for public comment, following last year’s budget requiring foreign businesses supplying e-books, music and digital services to register as value-added tax (VAT) vendors. The regulations, according to the National Treasury, are part of the government’s bid to bring e-commerce under the VAT regime, as currently
E-commerce platform Jumia Nigeria has announced Nicolas Martin and Jérémy Doutté as chief executive officers (CEOs), replacing former managing directors Tunde Kehinde and Raphael Afaedor who have decided to leave to start their own business. “To prepare for his new tasks, Nicolas Martin joined Jumia Nigeria a few months ago. Prior to this, he worked
Back in December 2010, when the eCommerce opportunity in Zimbabwe was all but invisible, a startup launched with a name all too obvious – zimazon.co.zw. They were going to be the Amazon.com of Zimbabwe and the market not being ready with things like payment systems wasn’t going to stop them. Their bet was on cash on
OLX, the online classifieds site in fast-growing markets around the world, has announced that its mobile app has been downloaded more than 14 million times. With 123 million unique monthly visitors in 107 countries worldwide, OLX has quickly become the dominant player in emerging markets such as India and Brazil, where the company enjoys a
Online retailing has grown significantly in the last few years and increased online transactions are proving that South African consumers are feeling more and more comfortable translating their previously traditional purchasing habits to the more interactive and fast-paced online environment. Christy Turner, Co-Founder of Webtickets, the market leader in integrated online ticketing solutions in South
Rupu is a daily deals and discounts website based in Nairobi, Kenya. Working on a similar model to deal sites like groupon they are introducing Kenyans to the possibilities of online shopping. Offering a wide variety of consumer goods and experience deals the daily deals site has gained a lot of popularity in Nairobi since
