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DIBS Publishes a European Study

  • The Scandinavian e-PSP DIBS publishes its inquiry on European e-commerce. His study valorises the industry at 56 billion Euros in Germany, 48 in the United Kingdom, 32 in France, 20 in Spain and between four and seven billion in each of the four Northern continental countries in Europe.
  • Men and women use it just as much, but for different kinds of purchases: tourism and IT equipment for men, clothes and leisure for women.
  • Payment habits vary from one country to the other, which is why e-commerce websites must provide users with several options: card, online transfers, payment upon delivery, micro-payment. In the case of France, card payments are usually favoured; in Germany customers prefer paying via the operator’s bill.
  • To assess its notoriety, the Danish e-commerce processor has documented its commercial area, Scandinavia and Finland. DIBS resulted in 2006 of the merger of two Swedish and Danish processors. It expanded to Norway in 2007 with the processor Cardia. This e-PSP belongs both to its employees and to capital equity firms Lannebo Fonder and Nordea Investment Funds. It signed partnerships with the German e-PSP Pago (a former subsidiary of Deutsche Bank) and with Swedish CellPoint (mobile and card payments).
  • In 2009, DIBS processed 37 million e-transactions and achieved 6.4 million Euros annual sales.