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Mobile Payments Said to Now Represent 1 in 5 Global Transactions

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Adyen-Mobile-Payment-Share-of-Global-Payment-Transactions-Dec2012-Dec2013-Feb2014The share of payment transactions taking place on a smartphone or tablet grew to 19.5% in December 2013, rising from 17.5% in August, and up 55% year-over-year from 12.6% the prior December, says Adyen in its latest Global Mobile Payments Index. Mobile payments comprise an even greater share in the travel industry, where they represent 29.4% of global transactions, with the retail vertical (23%) also seeing above-average share. (more…)


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