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Mobile payments represent 1 in 4 global transactions

Mobile payments represent 1 in 4 global transactions

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).

A chart showing the breakdown of mobile payments

Overall, smartphones (10.9%) and tablets (9.3%) together accounted for more than 1 in 5 payment transactions globally

The post Mobile payments represent 1 in 4 global transactions appeared first on Payments Cards & Mobile.

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