Mobile e-commerce retail sales will make up 24% of all US e-commerce sales in 2019. That accounts for an estimated amount of 203.94 billion dollars. Desktop purchases are still dominating with 331.85 billion dollars in 2019, but the growth rate is only 5%. Over 50% of the smartphone users this year are going to make a minimum of one online purchase from their device. The
Fraud fears unnecessary limit cross‑border e-commerce
Demand from online shoppers globally to purchase from US retailers is high. However, a lot of retailers reject foreign e-commerce orders automatically. By carefully planning and choosing familiar markets, retailers from the US can increase their international sales without experiencing large fraud losses. There was a slight dip in the growth of US e-commerce retail in 2018.
The WTO is working on the modernisation of cross-border e-commerce regulations
According toAxios, the e-commerce market became a 3.5 trillion dollar global market, of which approximately 700 billion dollars is spent on cross-border purchases. However, almost no international or global rules are currently in place. 75 countries have agreed to talk about cross-border e-commerce with the WTO (World Trade Organisation), this month. Global e-commerce is
US users need PayPal Cash or PayPal Cash Plus account by 29th March
Payment company PayPal has informed their US customers of changes to the way US personal account holders can use and hold a balance with PayPal. Before the end of March 2019, balances will need to be converted into either a PayPal Cash account or PayPal Cash Plus account. The reason for these changes is a new federal regulation that comes into effect on April 1st, 2019. US
Alibaba: king of the holiday season
Tamebay.com reports that Alibaba, the most powerful, well-known Chinese marketplace platform, is the absolute king of the 2018 holiday sales. Comparing the United States versus Alibaba Holiday sales for 2018, Alibaba’s Single’s Day beat all four American Cyber weekend sales combined. Adobe tracked sales in the United States during Thanksgiving Day, Black Friday ($6.2