The turnover of online transactions on web-sites that process payments via UPC system eCommerce Connect have increased by 190% compared to the third quarter of 2016.
E-Commerce continues its dynamic development and 4027 online stores are already connected to the online payment system eCommerce Connect.
Despite the fact, that Ukrainians choose foreign web-sites for shopping more often, the share of Ukrainian web-sites reached 34% of the turnover of all online purchases (here and below there is the information, based on the results of the eCommerce Connect system performance).
There was a big difference between the average amount of online transactions on foreign and Ukrainian web-sites.
The average amount of online transactions on foreign web-sites made 4 630 UAH and on Ukrainian web-sites – 261 UAH. At the same time, we would like to notice that that the average amount of transactions on Ukrainian online-stores increased by 31% compared to the third quarter of 2016. The number of payments on web-sites had slower growth and increased 3% only compared to the same period.
With the help of eCommerce Connect merchants can simply and easily start accepting cards on their web-page while their customers can purchase different goods and services in any place with internet connection.
UPC provides banks the opportunity to offer international e-commerce services and to exploit further opportunities for business expansion and profit growth.