Aussies increasingly using credit cards for online purchases, study shows
A growing number of Aussies are using their credit cards to snap up goods from online retailers, new figures have shown.
According to a study by PayPal, a large amount of people buy items over the internet while they are at work.
Indeed, the survey found that 80 per cent of Australians have admitted to indulging in some web-based retail therapy during working hours, rather than heading to the shops during their lunch break.
PayPal chiefs said 50 per cent of online transactions are completed during standard office hours and despite Christmas being around the corner, the majority of internet shoppers are treating themselves, rather than purchasing gifts.
"As our research shows, consumers are increasingly taking advantage of the convenience that online shopping offers, particularly in the office," commented Adrian Christie of PayPal Australia.
Despite the apparent rising popularity of online retail, the Westpac-Melbourne Institute recently suggested that Aussies are cautious about racking up too much credit card debt, as just 11 per cent plan to increase their Christmas shopping budgets this year.
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