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Biometric authentication of mobile payments to surge 1,000% to $2.5 trillion
According to a new report, biometric authentication will be used to secure $2.5 trillion worth of mobile payment transactions by 2024, an increase of almost 1,000% on the $228 billion... more
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UK m-commerce soars 141% in a year as consumers turn to smartphones
M-commerce and the use of smartphones for online shopping in the UK has skyrocketed by 141% in 12 months, research by Feefo has found. By contrast, the use of laptops and desktops... more
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Mobile commerce now accounts for one quarter of spending
As online shopping continues to grow, especially through mobile commerce, the UK now has the lowest proportion of high street spending in Europe. According to new research by Mastercard, just... more
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UK m-commerce to take over desktop shopping by 2023
UK consumers are on an endless mission for convenience as mobile continues its ascent to dominance as the most popular shopping channel. Growing at a rate of 16% annually in... more
The post UK m-commerce to take over desktop shopping by 2023 appeared first on Payments Cards & Mobile.
Mobile payments driving retail e-commerce sales worldwide
In 2017, retail e-commerce sales worldwide reached $2.304 trillion, a 24.8% increase over the previous year. Mobile payments were a key factor, as m-commerce sales totalled $1.357 trillion, making up... more
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