63% of 102 analyzed E-commerce portals in Arab world accept online payments using credit cards

New research and analysis by the Arab Advisors Group analyzes 102 selected E-commerce portals in the MENA region. The Arab Advisors Group defines Electronic commerce, commonly known as E-commerce or e-Business, as the process of buying and selling products or services over electronic systems such as the Internet and other computer networks.

A new report from Arab Advisors Group analyzes and profiles 102 selected E-commerce portals in the MENA region. The Arab Advisors Group selected these portals for analysis as they explicitly offered e-commerce.

The new report, E-commerce portals in the MENA region was released to Arab Advisors Group’s media and telecoms strategic research service subscribers on December 14, 2010. The report -which has 121 pages and 12 detailed exhibits- analyzes and profiles 102 selected E-commerce portals. The report also provides insights into E-commerce usage in the region based on Arab Advisors major surveys.

Any investment in this report will count towards an annual Strategic Research Service subscription – Telecoms or Media should the service be acquired within three months from purchasing the report.

“Using credit and/or debit cards is the most accepted method of payment with 63% of the analyzed portals using it. Bank/Wire transfer or cheques and Cash on Delivery options followed with 46% and 44% portals, respectively.” Mr. Alaa Numair, Arab Advisors Group senior analyst wrote in the report. “89% of portals offered content in the English language. Arabic enabled portals followed with 39% of portals”. Mr. Numair added.

The Arab Advisors Group’s team of analysts in the region has already produced over 2,150 reports on the Arab World’s communications, media and financial markets. To date, Arab Advisors Group has served over 605 global and regional companies by providing reliable research analysis and forecasts of Arab communications markets to these clients.