Press release
E-Commerce Report 2010: Huge potential for German online trade
“Language is a key disadvantage for German online merchants in comparison to their European competitors. A multi-language online shop would remove this hurdle,“ says Detlef Henkel, Chairman of the Management Board of Deutsche Card Services. Henkel explains: “If merchants want to obtain a good position in international e-commerce, they should rely on an experienced and competent payment partner, in particular with regard to reliable and proven security technologies in order to minimise potential risks in international trade.”
The E-Commerce Report analyses purchasing and payment behaviour and non-payment risks in online trade and has been published since 2002.
In contrast to other research, the study by the Deutsche Bank subsidiary is based on real-life purchases and not on surveys. It starts from about 24 million transactions processed via the Deutsche Card Services platform. All data are fully anonymised and comply with all data-protection requirements. The study is available for download from the online shop of Deutsche Card Services.
About Deutsche Card Services GmbH:
Deutsche Card Services broadens the range of cash management services offered by Deutsche Bank and offers international fullservice solutions for debit and credit card acceptance and other non-cash payment methods. Proven risk minimization systems ensure that non-cash payment in e-commerce, in mail-order retailing and at the point of sale is easy, quick and secure. Unique online steering systems enable customers world-wide to monitor all of their transactions at any time. When implementing efficient payment solutions, the acquirer and payment service provider can rely not only on years of experience and a dependable technical platform, but, as part of the Group’s Global Transaction Banking (GTB) department, also on the global network of Deutsche Bank Group and its highly qualified resources as well as detailed global and local expertise.
www.deutsche-card-services.com
Press Contact:
Deutsche Card Services GmbH
Tobias F. Hauptvogel
Head of Marketing & Communications
Kaltenbornweg 1-3
50679 Cologne
Phone: +49 221 99577-0
Telefax: +49 221 99577-8728
pr.deucs@db.com
www.deutsche-card-services.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release E-Commerce Report 2010: Huge potential for German online trade here
News-ID: 151434 • Views: …
More Releases from Deutsche Card Services GmbH
Security in European online retailing higher than ever
COLOGNE, 17 February 2011 – Payment security in European online retailing is higher than ever. That is one of the results of the new E-Retail Report 2010 by Deutsche Card Services. The non-payment risk for the predominant payment method (credit card) dropped to a record low of 0.1725%. In other words: less than two out of 1000 transactions fail, according to the Deutsche Bank subsidiary’s figures. If online retailers use…
E-Commerce Report 2010: Brandenburg and Bavaria improve their position in the Ge …
COLOGNE, 09 December 2010 – Brandenburg and Bavaria are the German federal states which have improved their ranking in German online trade most. That is one of the results of the E-Commerce Report 2010, which was recently published by Deutsche Card Services. For the first time ever, Brandenburg belongs to the top five states in online trade, and Bavaria climbed from rank 11 to rank 7. Bremen lost most, dropping…
E-Commerce Report 2010: Fewer fraud attempts in online trade
COLOGNE, 02 December 2010 – The number of fraud attempts in European online trade has declined slightly. This is one of the results of the recently published E-Commerce Report 2010 by Deutsche Card Services, which analyses purchasing and payment behaviour as well as non-payment risks on the basis of real-life transactions. In case of the most popular e-commerce payment method – the credit card – fewer chargebacks after a cardholder…
E-Commerce Report 2010: Credit card the most popular payment method in German on …
COLOGNE, 23 November 2010 – For the first time, credit cards are the most popular payment method in German e-commerce. This is one of the results of the E-Commerce Report by Deutsche Card Services. German consumers use credit cards to pay for 38% of their purchases. In the preceding years, direct debits were the most popular payment method. The third place goes to giropay, a new payment method developed by…
More Releases for German
Find the best conditions for your German mortgage with Your German Mortgage
During times of the Coronavirus, we are here to help you with finding the right financing for your property.
Special times call for special measures, that's why it's now more important to find a trustworthy and experienced mortgage broker than ever.
We got you covered from finding your property of dreams all the way to financing it.
To ensure that, we have experts in almost every German major city,…
German Maritime Security 2018, German Government Statement!
Despite all international and national efforts, piracy remains a serious peril for the international shipping industry.
Especially in Asia (i.e. Chittagong/Bangladesh or on the Strait of Malacca), but also in South America (e.g. Bay of Santos/Brazil or in the port of Callao/Peru) robbery or piracy there has recurred in the recent past. At the West African coast the number of incidents had raised even by 50% with 66 incidents this…
More German Investments Mean More German Translations
Why Language Continues to be an Obstacle for Investing in Germany
Germany is one of the prime markets for foreign investments, with an estimated 4% of global direct investment making its way into the country. In fact, the world’s second richest man, Warren Buffett, who is only beaten to the top spot on the financial leaderboard by Microsoft Founder Bill Gates, believes Germany to be a ‘great market’, and confirms the…
German Design Award 2015
German Design Council Awards a Special Mention to the LR 1000 Laboratory Reactor and Nominates the Tube Mill
Staufen, Germany, February 23, 2015 —
For the second time, a device produced by IKA® Werke has received the "Special mention for exceptional design quality" award from the German Design Council.
The company was presented with the award in the "Excellent Product Design — Industry" category as part of the German Design Award 2015…
German Local Trade Tax
All the companies in Germany are liable to pay not only corporate income tax, whose rate is nowadays about 15% of the annual profit of the company, but also trade tax (Gewerbesteuer), which is a tax of German characteristics.
Why would we say that trade tax is of German characteristics? Because it is different from the corporate income tax, which is charged by the German Federal Government and it is difficult…
ISPA – German Masters 2008
Magdeburg – Over the long weekend of the 4. Mai more than 1.000 Skat players filled the Mittelland hall in Barleben. The tournaments of the 30. German Mastery and the 27. open International German Single Mastership were held by the International Skat Players Association, ISPA Germany. Patrons of the Games were the 1st Barleber Skat sports club e.V. and the Skat club \"Burger Ihleskater\", whose good organization together with the…
