San Francisco, CA -
NextCard (Nasdaq:NXCD), the leading issuer of consumer credit on the Internet, today released the April eCommerce Index (http://www.nextcard.com/ecommerceindex), the premier barometer of monthly online consumer spending.
"It looks like consumers have accepted the `stamp from home' concept, as Stamps.com gained more than 19 points to appear on the NextCard eCommerce index for the first time at no. 15. Intuit benefited from last minute tax stragglers and held on at no. 3. And with lower fees and strong customer service, JUNO shook up the ISP competition and made the list at no. 25 for the first time," said Lisa Subramanian, vice president of e-Commerce at NextCard.
Subramanian added, "Gaming sites are also gaining popularity as INETBET and CYBERBINGO showed more than a 150% increase in purchase volume. Notable declines this month include the highly publicized Pets.com (losing 12 spots to miss the index this month), and the highly scrutinized Barnesandnoble.com, which has fallen from no. 3 in January to no. 11 in April. Not surprisingly, 1-800-FLOWERS.COM cashed in on the Easter and Passover holiday purchases and jumped 10 spots to no. 17."
Top Online Merchants in April
The NextCard eCommerce Index is a monthly listing of the top Web sites based on the number of online transactions by more than 330,000 NextCard cardholders.
The NextCard eCommerce Movers(SM) is a monthly listing of the top online merchants that experience the largest percentage change in transaction volume from the previous month.