The overwhelming majority of Canadians prefer to trust their senses and shop for chocolates, flowers, intimate apparel and jewellery in brick and mortar stores rather than online stores, according to a poll conducted by MasterCard Canada. According to the survey:
- 58% of Canadian males feel comfortable shopping in-store for intimates for themselves
- 50% of Canadian males feel comfortable shopping in-store for intimates for their partner
The survey also found:
- 81% of males prefer in-store versus 80% females
- 79% of Canadian females feel comfortable shopping in-store for intimates for themselves
- Only 10% of Canadians surveyed said they felt more comfortable shopping online for intimates.
“This holiday bucks the double digit growth trend for eCommerce in Canada because Canadians clearly prefer the in-store and tactile experience when it comes to shopping for their loved one,” Richard McLaughlin, Senior Vice President MasterCard Canada, Global Products and Solutions.
Of those who agreed that online shopping for intimates during Valentine’s Day was more comfortable:
- 40% liked that they could avoid long line ups and crowds
- 34% found goods at a cheaper price
- 31% enjoyed the speed and reliability
- 30% stated it gave them the privacy
As the demand for immediate payments implementation grows in the United States, Iliad Solutions have identified one of the largest risks to face the payments industry over the next few years.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.