UK predicted to be world’s third biggest market for e-commerce in 2021According to new data from Worldpay, the payment processing service, the UK will be the world’s third biggest market for e-commerce in 2021. This means it will grow by and average of almost 10 per cent over the next five years and put the UK just behind China and the US in terms of the value of online transactions.

M-commerce (commercial electronic transactions via a mobile phone) is also projected to rise at an annual average of 21 per cent in the next five years, which is faster than China, the US and Japan.

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