Smartphones Regain Lead Over Tablets in Global Mobile Payment Transactions

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. (more…)