Synopsis
China has more Internet users than the USA in 2009 and these two markets, among others, now offer significant opportunities for those operating in the e-commerce space. While the economic slowdown is curbing e-commerce growth somewhat in most markets; there is evidence that so far the online retail market has remained steady due mostly to the lower prices offered via online shopping. Demand is also beginning to grow for alternative payment methods for e-commerce transactions, particularly in the developing markets. This report provides a global overview of the e-commerce market, including e-payments and e-banking. It also includes information on the emerging e-commerce market of China; USA and the leading online payment system, PayPal.