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August 11th, 2004

10% of all UK credit card payments are made online

Posted by ZDNet Research @ 3:07 pm

Categories: E-commerce

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10% of all credit card payments in the UK is now made online, according to Association for Payment Clearing Services (APACS). The number of credit card payments made online has shot up five-fold since 1999 as punters increasingly use the Net to buy books, CDs, computer gear, holidays, financial services and groceries. In the virtual world, men out-shop women with 35% of blokes making eleven or more purchases in the second half of 2003, compared to only 27% of women. The new APACS data also shows that the UK’s Net users are becoming increasingly dependent on the Wibbly Wobbly Web with almost 13 mln customers using Internet banking in 2003.

Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.

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