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Article: INDEX SUGGESTS SLIGHT INCREASE IN ONLINE SPENDING.
- Article from:
- Cardline
- Article date:
- April 24, 2009
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Consumers expect to spend an average of $267 online in this year's second quarter, which would represent an 8.1% increase from the $247 they expected to spend the previous quarter, according to the latest update of the quarterly eBillme Online Spending Index. Pleasanton, Calif.-based consultancy Javelin Strategy & Research and eBillme, an online payments service of Ottawa, Ontario-based ModaSolutions Corp., sponsor the index. EBillme enables consumers to pay merchants through their financial institutions' online bill-payment systems. The second-quarter projection is the first increase in average online spending since August, when Javelin and eBillme launched the index. At ...