Make it Through This Year, E-Commerce Players, And It’s Back to Living Large
Written by Fred J. AunMarch 11th, 2009
Recession-weary US retailers that cut back on E-Commerce system development to save money might be shooting themselves in the foot, especially if there's any truth to an optimistic new forecast by analysts at eMarketer.
The eMarketer gurus are predicting online sales will rebound next year and, in 2011, "return to the double-digit growth rates seen prior to 2008." Of course, companies need to stay in business long enough to see that sunny day. EMarketer says retail E-Commerce sales will drop by 0.4 percent in 2009, ending the year at $133.1 billion. 2008 online retail sales came in at $133.6 billion.
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Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
