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Web users spend more money online

Latest figures by Compete.com, a web analytics company, shows that since 2006, the total time spent (opens in new tab) online by US internet users has increased markedly compared to October 2006.

On average, they spent nearly 25 percent more time than last year. Although compete.com does not reveal figures for the rest of the world, it is though that the trend, although not as marked as in the States, would probably be similar.

In other news, APACS, the UK Payments Association, reports that Christmas sales are expected to reach GBP 5.6 billion, a 56 percent jump compared to the GBP 3.6 billion spent last year.

The number of people going online to shop has also doubled to 30 million since 2002 and the forthcoming Monday has been fingered out as one of the busiest online shopping days of the year.

APACS however was quick to point out that this influx of money is going to attract fraudsters and criminal and the organisation has launched a new website which aims at educating and helping punters have a "fraud-free" Christmas.

According to Vnunet.com (opens in new tab), http://www.shopsafeonline.org.uk/ (opens in new tab) aims to do for shoppers what www.banksafeonline.org.uk achieved for online banking customers.

Désiré Athow
Contributor

Désiré has been musing and writing about technology during a career spanning four decades. He dabbled in website building and web hosting when DHTML and frames were en vogue and started writing about the impact of technology on society just before the start of the Y2K hysteria at the turn of the last millennium. Following an eight-year stint at ITProPortal.com where he discovered the joys of global tech-fests, Désiré now heads up TechRadar Pro. Previously he was a freelance technology journalist at Incisive Media, Breakthrough Publishing and Vnunet, and Business Magazine. He also launched and hosted the first Tech Radio Show on Radio Plus.