Internet commerce will become a $7.3 billion business by 2000, and credit cards will continue to be the payment instrument of choice for items over $10, according to a new study by Jupiter Communications.

The New York-based electronic commerce consultancy has high hopes for smart cards, predicting that they will make dramatic inroads this year and will account for 26% of on-line transactions by 2000.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.