The share of payment transactions taking place on a smartphone or tablet has grown from 13.8% in April to 17.5% in August, says Adyen in its latest Global Mobile Payments Index. The biggest growth in payment transactions took place on smartphones, which jumped from 6.5% to 9.2% share of transactions, compared to an 0.9% point rise for tablets, to 8.3%. That means that smartphones accounted for a majority 52.6% share of mobile payment transactions in August, up from a minority 46.8% share in April.
The gap between the two devices was particularly acute in North America, where smartphones accounted for 10.8% of transactions and tablets 5.8%. In South America, though, where mobile payment transactions are rarer, tablets saw twice the number of transactions as smartphones (2.8% vs. 1.4%). Read the rest at MarketingCharts.
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