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	<title>Ecommerce World</title>
	<link>http://ecommerceworld.com.au</link>
	<description>Insights into the Australian ecommerce industry</description>
	<lastBuildDate>Wed, 21 Jul 2010 06:57:48 +0000</lastBuildDate>
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		<title>$12 Billion Australian Consumer eCommerce Market Underdeveloped and Lags US and UK by Three Years</title>
		<description><![CDATA[Consumer domestic online spending accounts for only 3% of total retail sales
SYDNEY, 20 July 2010 &#8211; Australia&#8217;s consumer eCommerce market is underdeveloped, lagging both the US and UK markets by approximately three years according to the latest eCommerce analysis issued by consulting company, Frost &#38; Sullivan. Online retail consumer spending in Australia in 2010 is expected to account for approximately five per cent of total retail sales, however if spending on overseas sites is excluded, this drops to around three per cent. In contrast, online as a percentage of total ...]]></description>
		<link>http://ecommerceworld.com.au/online-retail/12-billion-australian-consumer-ecommerce-market-underdeveloped-and-lags-us-and-uk-by-three-years</link>
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		<title>Transaction Network Services enhances TNSPay gateway with PayPal</title>
		<description><![CDATA[Transaction Network Services (NYSE:TNS), a global provider of payment solutions, has integrated PayPal as a payment option within its TNSPay gateway, providing its merchants easy access to PayPal’s 84 million global accounts.
This initiative, which is being rolled out across the Asia Pacific region, allows Australia to be the first country to make the solution readily available to merchants via TNS’ payment gateway. Prior to this integration, businesses on the TNSPay gateway would have to request a custom systems integration to use PayPal.
Over the past five years, transactions through PayPal have ...]]></description>
		<link>http://ecommerceworld.com.au/technology/payments/transaction-network-services-enhances-tnspay-gateway-with-paypal</link>
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		<title>Online Retail Industry set to grow 40 per cent by 2012</title>
		<description><![CDATA[The annual Online Retailer Expo &#38; Conference is underway this week with over 3,000 delegates registered to discuss the future of e-commerce in Australia and how to bring world class best practice to Australian retailers.
The e-commerce industry in Australia has seen rapid growth over the last year and is forecast to reach $AU33.8 billion by 2012 up from $AU24 billion last year.
In the last six months alone, large Australian retailers such as BigW have extended their presence online, providing a significant boost to the industry. As Australian businesses become increasingly ...]]></description>
		<link>http://ecommerceworld.com.au/online-retail/online-retail-industry-set-to-grow-40-per-cent-by-2012</link>
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		<title>Online ID Fraud Claims One in 10 Australian Victims</title>
		<description><![CDATA[VeriSign® Online Fraud Barometer Reveals $1.286 Billion Lost to  Online Identity Theft in the Past Twelve Months
Exposing the financial harm that online identity (ID) fraud can cause  average Australians, the VeriSign Online Fraud Barometer released today  shows that one in 10 Australians that use the Internet (13,710,000  people) have lost an average of $1,000 to criminals and fraudster in the  past twelve months.
The VeriSign Online Fraud Barometer, compiled by Galaxy Research, shows  that the financial loss over the past twelve months totals a massive ...]]></description>
		<link>http://ecommerceworld.com.au/technology/security/online-id-fraud-claims-one-in-10-australian-victims</link>
			</item>
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		<title>Woot.com acquired by Amazon</title>
		<description><![CDATA[Amazon is appearing tight-lipped about it&#8217;s latest acquisition, Woot.com.  The announcement was made on Woot&#8217;s blog a short time ago.  In typical Woot style, the letter from CEO, Matt Rutledge, says a lot, without really saying anything at all&#8230;
They&#8217;ve also released a new clip featuring Mortimer:

Date: Weds,  30 June  2010
From: Matt Rutledge (CEO – Woot.com)
To: All Woot Employees
Subject: Woot and Amazon
I know I say this every time I find a picture of an adorable kitten,  but please set aside 20 minutes to carefully read this entire email.  Today ...]]></description>
		<link>http://ecommerceworld.com.au/online-retail/woot-com-acquired-by-amazon</link>
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		<title>Visa launches new way to pay online</title>
		<description><![CDATA[Visa today launched payclick by Visa (www.payclick.com.au), a new way to pay online, that is ideal for downloadable content such as music, games and movies. payclick was developed by Visa and Australian consumers are the first to experience this innovative transaction service.
A payclick account – which can be funded from any Visa, MasterCard or bank account – enables consumers to pay online without sharing personal details or financial information with sellers.
Part of Visa’s global innovation strategy, payclick has been developed to respond to the needs of consumers and sellers of ...]]></description>
		<link>http://ecommerceworld.com.au/technology/payments/visa-launches-new-way-to-pay-online</link>
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		<title>Telstra signs Financial Heads of Agreement on NBN</title>
		<description><![CDATA[In an after-hours ASX announcement, Telstra today signed a non-binding Financial Heads of Agreement with NBN Co to participate in the rollout of the National Broadband Network (NBN).
The transaction, if completed, would deliver to Telstra a post-tax net present value of approximately $11 billion. This includes payment for the decommissioning of Telstra’s copper network and cable broadband service, use of Telstra’s infrastructure, and the value to Telstra of avoiding costs, including certain Universal Service Obligation (USO) costs. Payments would be made progressively to Telstra.
The transaction would see Telstra progressively migrate its ...]]></description>
		<link>http://ecommerceworld.com.au/communications/telstra-signs-financial-heads-of-agreement-on-nbn</link>
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		<title>PayPal Australia welcomes new Head of Merchant Services</title>
		<description><![CDATA[PayPal, the leading online payment service in Australia and a pioneer of secure online transactions, today announces the appointment of Elena Wise as its new Head of Merchant Services.
Since 2005, PayPal’s merchant services division has grown ten-fold, with more than half of the top 100 Australian online retailers currently offering PayPal as a payment option.  Australian merchants currently offering PayPal include JB Hi-Fi, Big W, Roses Only, Dick Smith Electronics, Hoyts, Borders, Flight Centre, DealsDirect, Optus and Telstra.
Commenting on her new role, Elena said: “I am delighted to be joining ...]]></description>
		<link>http://ecommerceworld.com.au/technology/payments/paypal-australia-welcomes-new-head-of-merchant-services</link>
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		<title>Westfield plans virtual shopping malls</title>
		<description><![CDATA[SMH has reported shopping centre giant, Westfield, is in the final stages of negotiation to develop an online shopping mall for participating retailers.
It is understood the online mall will be led by fashion, which the company sees as its strongest attraction, and split into categories including electronics and books.
]]></description>
		<link>http://ecommerceworld.com.au/online-retail/multi-channel-online-retail/westfield-plans-virtual-shopping-malls</link>
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		<title>Google announces completion of caffeine update</title>
		<description><![CDATA[Google has announced the completion of the caffeine update on their blog.  According to the blog article, the new index will provide 50 percent fresher results for web searches than their last index.
Content on the web is blossoming. It&#8217;s growing not just in size and numbers but with the advent of video, images, news and real-time updates, the average webpage is richer and more complex. In addition, people&#8217;s expectations for search are higher than they used to be. Searchers want to find the latest relevant content and publishers expect to ...]]></description>
		<link>http://ecommerceworld.com.au/marketing/search-marketing/google-announces-completion-of-caffeine-update</link>
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