Report data reflects the continuous dominance of subscriptions, currently at 76% of transactions. Local payment methods remain prevalent in several markets around the world.
ATLANTA, GA – June 20, 2018 – 2Checkout (formerly Avangate), a leader in eCommerce, payments and subscription billing solutions, today released its Q1 2018 benchmark report on Digital Commerce Trends in Software & Online Services Sales. The report shows that subscription-based purchases maintain a strong upward trend. Similar to previous years, consumers and businesses continue to prioritize security product purchases.
The company’s Digital Commerce Benchmark follows trends in the global consumption of software and digital services, as reflected by purchases via 2Checkout’s Avangate digital monetization platform, highlighting fast-growing regions and categories as well as uncovering the most popular payment methods worldwide. Key trends from the report include: