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Accelerate your revenue with a new audience of customers throughout United Kingdom - without friction or complexity.
The UK is the world’s third largest ecommerce market at $154 billion and is expected to reach $203 billion by 2026. Ecommerce growth in the UK continues to be driven by widespread and growing consumer acceptance of technology and smart devices as well as innovation in how consumers can pay.
Revenue in the ecommerce market is expected to show an annual growth rate of 3.5%, resulting in a projected market volume of $119,096 million by 2025. The market’s largest segment is fashion with a projected market volume of $34,854 million in 2021. The average revenue per user is expected to be $1,768.24.
Available currencies will depend on the payment method provider, as well as any regulatory restrictions.
Digital River can support the sales of these types of products for this specific market.
The Onshore Advantage™
Go global, be local. The Onshore Advantage™ optimizes your authorizations and eliminates unexpected foreign transaction fees. Learn more.
British consumers prefer cards, especially debit cards. Combined, debit and credit cards account for nearly 60% of all online transactions. Digital wallets are on the rise, accounting for 27% of the ecommerce market. Buy now pay later methods like Klarna are also growing in popularity with their share expected to soon reach double digits. Bank transfers and cash on delivery represent 4% of the market respectfully.
The list below represents the current categories of payment options Digital River supports for this market.
Cross-Border Fulfillment: Landed Cost is Available.
Calculation of duties and fees incurred when goods are shipped cross border.
In-Country Fulfillment: Leverage Digital River's industry leading suite of API's to utilize your existing fulfillment partner or select from one of our Pre-integrated Fulfillment Partners: