us e-commerce payment trends (1)

According to Renub Research latest report, “United States E-Commerce Payment Market Global Forecast 2023-2027, Industry Trends, Share, Growth, Impact of Inflation, Opportunity Company Analysis” the United State E-commerce Payment Market is estimated to reach US$ 1,970.01 Billion by 2028. In terms of sales, the United States set in order as the second largest E-commerce market in the world, second only to China. The U.S. e-commerce payment market is remarkable for its high visualization and the dominance of home-grown online giants such as eBay, Apple, and Amazon, which stand as the top three e-commerce merchants in the United States. E-commerce is buying and selling products or services through various electronic channels like B2C, B2B, and C2C. Individuals can easily order different products and pay for their online purchases.

E-commerce carries to transform the retail grounds in the U.S. and plays an increasing importance in the modern economy. Since it provides a commodity way for c