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Bank of Estonia: Domestic, cross border payments rise on year to Q1 2021


Turnover of domestic clients increased by 6.7 percent on year to the first quarter of 2021 (Q1 2021), the Bank of Estonia reports, while the number of payments over the same period rose 7.2 percent.
Between Q4 2020 and Q1 2021, domestic client payments rose 0.4 percent, while the number fell 1.1 percent.
The turnover of domestic payments excluding card payments in Q1 2021 stood at €38.4 billion, while the number of payments totaled 46.6 million, the central bank says.
Turnover of card payments at points of sale fell to Q1 2021, however, likely the effect of the coronavirus pandemic and its restrictions.
The turnover of cross-border payments sent came to €18.6 billion (a rise of 42.0 percent on year to Q1 2021), across 4.5 million payments (up 43.5 percent over the same period). ....

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Europe Cross-Border B2C E-Commerce Market Report 2021: Amid the Pandemic, Online Consumers Prioritized More Affordable Prices and the Variety of Goods in Cross-Border Shopping in Europe


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Europe Cross-Border B2C E-Commerce Market 2021 summarizes the key trends and projections of Cross-Border B2C E-Commerce market following the COVID-19 pandemic in 2020.
This report covers cross-border B2C E-Commerce in Europe. It includes information about cross-border E-Commerce exports and imports, with a focus on cross-border imports and cross-border online shopper behavior.
The publication discloses that in 2020 the majority of online consumers preferred international online shopping over domestic websites due to a greater variety of products and reasonable prices.
Germany and Czechia were the only countries in Europe that experienced no change in cross-border online shopper penetration ....

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