Assuming the main banks' computers survive the Year 2000 problem, electronic commerce will be all the rage.
That's the main conclusion of a new report from New York-based Jupiter Communications, 'The Jupiter Internet Payments Report'. This predicts that $7.3 billion of sales transactions will be carried out online by the turn of the century.
That figure will be largely made up of small purchases of $10 or less, with plastic and the 'never never' still taking care of large purchases. In the US, households with online facilities currently record only around nine transactions a year each; this will rise to 120 in 2000, claims Jupiter, as cheaper goods and services appear on the Internet.
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