Online Payment Systems Are Essential for E-Commerce Success (Jun 2001)

June, 2001


Website buyers in the US spent over $26 billion during 2000. Computer Economics anticipates that purchases will grow to $36 billion in 2001, and that amount will almost double by 2004. Clearly, there is room for significant expansion of sales in e-commerce. The payment method that e-merchants offer will become one of the keys for success in this market.