'South Africans mean business with e-commerce'

25 Jan 2012

Online shopping is the way of the future, according to a survey conducted by PayU, a South African online and mobile payment service provider

Image: renjith krishnan / FreeDigitalPhotos.net

The results of the survey, which appeared on News24, support findings from a World Wide Worx research report claiming a 30% increase in online spending in 2010 relative to the previous year.

"Research indicates that consumers are beginning to recognise the benefits of online shopping, and the more popular it becomes, the greater the opportunity for South African businesses to reap the economic benefits of reaching new customers online," said Mark Chirnside, CEO of PayU MEA.

The survey, conducted in November last year, revealed that 75% of the respondents actively participated in and recognised the important role that e-commerce would play in shaping SA's future economy, and in the three months leading up to the festive season, 85% of the respondents claimed to have shopped online.

Furthermore, the online survey revealed that 77% of respondents felt that a payment gateway service provider added credibility to a website.

South African retailer Pick n Pay (PIK) is a long-time PayU SafeShop customer.

"Through our partnership with PayU SafeShop we are able to give our customers what they have asked us for, a safe and secure way of paying for their Pick n Pay online shopping," said Mike Cotterell general manager online shopping Pick n Pay.

In addition to Pick n Pay, PayU Payment Solutions, which is a division of multi-national media giant Naspers (NPN), also processes online payments for Kalahari.com, NetFlorist and four major airlines.

Source: I-Net Bridge

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