Mobile Payments Said to Now Comprise 1 in 4 Global Retail Transactions

April 30, 2014

This article is included in these additional categories:

Connected Device Comparisons | Digital | Mobile Phone | Retail & E-Commerce | Tablet | Travel & Hospitality | Videogames

Adyen-Mobile-Share-Global-Transactions-by-Sector-Apr2014

    Source: Adyen [download page]

      Notes: Overall, smartphones (10.9%) and tablets (9.3%) together accounted for more than 1 in 5 payment transactions globally in March, although that was up only marginally from December 2013 (19.5%). Retail remains the only sector of 5 examined where tablets (16.5%) have a higher share of transactions than smartphones (9.3%). In the retail sector, the average transaction value on tablets ($113) was almost 50% higher than on smartphones ($77).

        About the Data: The Adyen Global Mobile Payments Index is based on Adyen global payment transaction data. Adyen processes payments for more than 3,500 medium, large and enterprise-sized organizations mainly operating multi-national businesses. The company processed more than USD 14 billion in payments transactions in 2013, of which USD 2.2 billion were mobile transactions.

          Related: Retailers Believe Cash and Credit Cards Will Lose Payments Share to Mobile

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