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FinXP launches Real Time Payments

FinXP launches Real Time Payments

Payment and banking service provider FinXP has launched Real Time Payments by FinXP (RTPF). This is an account-to-account payment method that is targeted at online merchants. The Malta-based electronic money institution says its transaction fees are lower than many other popular alternative payment methods. Continue reading

42% of Austrians shop online at least every week

Online shopping has become increasingly popular in Austria. The corona pandemic has, of course, intensified this trend. Currently, 85 percent of Austrian consumers shop online at least once a month, while 42 percent buy products online at least once a week. Continue reading

De Bijenkorf launches in Austria

Dutch department store De Bijenkorf is expanding in Europe again. After launching an ecommerce website in France last year, it’s now opening an online store in Austria. This marks the fourth foreign market for the Dutch omnichannel retailer. Continue reading

Amazon opens local shop for Germany and Austria

Amazon is also jumping on the local train. In an effort to offer a more regional shopping experience, Amazon has launched a separate website section where small and medium-sized businesses from Germany and Austria can present their goods on Amazon. Continue reading

Schuhe24 Group partners with Neckermann in Austria

Schuhe24, which sells shoes online from over 2,000 connected retailers in Germany, is partnering with Neckermann in Austria. The cooperation should benefit both Neckermann and the retailers connected to the Schuhe24 Group, which also sells clothing, bags, jewelry, and more. Continue reading

The top 100 retailers in Austria

The top 100 retailers in Austria generated sales of 38.7 billion euros in 2018. The ranking of Austria’s largest retailers is led by six companies that have exceeded the billion euros mark: Rewe, Spar, Hofer, Lidl, XXXL Group and Media Saturn. Together, they generate 32 percent of all retail sales in Austria. Continue reading

Retail platform Shopdaheim is a success

The German retail platform Shopdaheim is a success. Four weeks after the launch, almost 10.000 dealer addresses from 41 different industries are listed. Every day, clicks in the six-figure range generated through the platform. Continue reading

CCC launches in Hungary and Austria

CCC Group, a major footwear retail company from Poland, has launched its online shop CCC.eu in Hungary and Austria. In Hungary, the group already operates two ecommerce platforms, while in Austria, this will be the group’s first ecommerce platform. Continue reading

Mister Spex offers first online eye test

Online optician Mister Spex now offers an online eye test, since the coronavirus has made it impossible in many European countries to visit an optician. It says it’s the first optician to offer customers in Germany, Austria and Switzerland the possibility of an individual eye test via an online application. Continue reading

Shöpping.at increasingly popular due to Covid-19

Shöpping.at, the online shopping platform launched by Austrian Post, sees the number of visitors being quadrupled since the coronavirus measures in Austria were put in action. Both customers and retailers are showing growing interest in the online marketplace. Continue reading