Facebook Twitter LinkedIn RSS
    Trending
    • Samsung raises smartphones’ bar with launch of Galaxy Z Fold7, Flip 7 and Flip 7R
    • Jumia replatforms its retail media program to Mirakl Ads to enhance marketplace advertising
    • Nigeria targets 95% digital literacy by 2030
    • The $200 billion quest for reliable electricity, By Elvis Eromosele
    • A2P messaging license to cost N10 million, NCC announces
    • Nigeria Innovation Summit unveil agenda for 10th Conference
    • Vesti to host over 1,500 entrepreneurs, investors, and diaspora leaders at Prosper Conference 2025
    • PalmPay takes on Nigeria’s 90% insurance gap
    Facebook Twitter LinkedIn
    ITPulse.com.ngITPulse.com.ng
    • News
    • Interviews
    • Blogs
    • Analysis
    • Opinion
    • Videos
    • Press Releases
    • Pictures
    • Advertise
    ITPulse.com.ngITPulse.com.ng
    Home»News»E-Commerce yet to compensate for brick-and-mortar shopping – Report
    News 1 Min Read

    E-Commerce yet to compensate for brick-and-mortar shopping – Report

    mmBy ITPulseJanuary 18, 2018
    Facebook Twitter WhatsApp Pinterest LinkedIn Reddit Tumblr Email
    Ecommerce, Online payment, Nigeria, Business Insider
    Share
    Facebook Twitter LinkedIn Pinterest Email

     

    By Kester Omu

    A recent report by the Business Insider Intelligence has noted that, despite the sharp gains in e-commerce, which will nearly double between now and 2021, the online shopping environment is yet to compensate for the reasons customers like brick-and-mortar shopping.

    The report, believes that the lion’s share of purchasing continues to take place in-store, a situation Business Insider said is unlikely to change anytime soon, describing the notion that brick-and-mortar commerce is falling as overblown.

    It also urged POS terminal providers to up their game in an increasingly competitive environment, as a result of the continued push by evolving merchant demands.

    The report also noted Merchants are increasingly seeking out these offerings, which afford them the connectivity, mobility, and interoperability to run their entire business. And that’s shaking up the space, since it’s not just legacy firms, but also mobile point-of-sale (mPOS) players and newer upstarts that offer these products.

    “As merchants begin demanding a wide variety of payment solutions, terminal providers are scrambling to meet their needs in order to maintain existing customers and attract new ones. This is leading to rapid innovation and increased competition in both the POS terminal hardware and software spaces.”

    Business Insider Ecommerce Nigeria Online payment
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    mm
    ITPulse
    • Website
    • Facebook
    • Twitter
    • LinkedIn

    ITPulse is a wholly information technology communication (ICT) news website, with a special focus on the African continent. The website provides up-to-date biz-tech news, analysis and comprehensive and thorough insight into the continent's ICT terrain

    Related Posts

    Nigeria targets 95% digital literacy by 2030

    July 9, 2025

    Vesti to host over 1,500 entrepreneurs, investors, and diaspora leaders at Prosper Conference 2025

    July 9, 2025

    PalmPay takes on Nigeria’s 90% insurance gap

    July 9, 2025

    Leave A Reply Cancel Reply

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Latest Posts

    Samsung raises smartphones’ bar with launch of Galaxy Z Fold7, Flip 7 and Flip 7R

    July 10, 2025

    Jumia replatforms its retail media program to Mirakl Ads to enhance marketplace advertising

    July 10, 2025

    Nigeria targets 95% digital literacy by 2030

    July 9, 2025
    About
    About

    Itpulse.com.ng is a wholly information technology communication (ICT) news website, with special focus on the African continent. The website provides up-to-date biz-tech news, analysis and a comprehensive and thorough insight info the continent's ICT terrain.

    Contact us: editorial@itpulse.com.ng

    Facebook Twitter LinkedIn RSS
    Latest Posts

    Samsung raises smartphones’ bar with launch of Galaxy Z Fold7, Flip 7 and Flip 7R

    July 10, 2025

    Jumia replatforms its retail media program to Mirakl Ads to enhance marketplace advertising

    July 10, 2025

    Nigeria targets 95% digital literacy by 2030

    July 9, 2025
    Popular Posts

    Nigeria’s Digital Awareness Programme Wins Top Global ICT Award

    July 8, 2025

    Samsung raises smartphones’ bar with launch of Galaxy Z Fold7, Flip 7 and Flip 7R

    July 10, 2025

    Jumia replatforms its retail media program to Mirakl Ads to enhance marketplace advertising

    July 10, 2025
    © 2017 - 2025 Itpulse. Designed by Max Excellence.
    • Terms & Conditions
    • Privacy Policy
    • Advertise
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.