Cyprus's e-commerce sector continues to grow, with online retail revenue reaching €520 million in 2026. The average cart abandonment rate remains relatively high at 62%, influenced by factors such as shipping costs and payment security. Consumers increasingly prefer mobile shopping, accounting for 54% of total online sales, driven by improved mobile platforms and digital payment options.
Digital payment adoption has surged to 78%, reflecting greater trust and infrastructure development. Businesses are focusing on reducing cart abandonment through enhanced user experience and streamlined checkout processes. Overall, Cyprus's digital commerce landscape is maturing, with sustained growth expected as consumers become more comfortable with online payments and mobile shopping.