Skip to main content

UK Leads in Online Transactions

Online transactions are increasing on both sides of the Atlantic � with mid-cost purchases the most popular � but fear of identity theft and other online fraud is having a direct impact on confidence in this medium, according to a survey commissioned by online security firm RSA Security.

The research survey, conducted in Germany, France, the United Kingdom and the United States by research consultancy Momentum Research Group, gauges market confidence in conducting more frequent and higher value transactions online and helps businesses understand the key components in developing trust in online transactions.

Consumers in each of these nations are spending more online today, although a significant segment is actively reducing their investment. Online expenditure per respondent during the month of September averaged �153, with 40 per cent stating that this was higher than 12 months ago. The UK leads the way, averaging �231 per consumer, and US consumers spent the least at �129 per consumer.

Popular posts from this blog

Digital Identity Market Reaches $80B by 2030

The digital identity market is evolving and growing. After years of fragmented adoption and experimentation, we're witnessing the convergence of regulatory mandates, tech maturity, and more market demand. The fundamental challenge has always been straightforward: how do we prove who we are in an increasingly digital world without creating security vulnerabilities or sacrificing user experience? The answer emerging today involves a complex ecosystem of regulations, standards, and technologies that are finally aligning to make digital identity possible, practical, and scalable. Digital Identity Market Development Recent market analysis by Juniper Research reveals compelling growth projections that underscore this market's maturity: Market expansion from $51 billion (2025) to $80 billion (2030) — a 56 percent growth rate driven by concrete fundamentals rather than speculative hype. Two primary growth drivers — tightening regulatory requirements and maturing technologies, includin...