Survey finds that 70% of Irish consumers abandon mobile payment transactions

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Consumers in Ireland are not keen on making payments via mobile if the process is too difficult. New research from Elavon, a global payments expert, reveals that mobile payment transactions are abandoned by over two-thirds of mobile consumers in Ireland, when these consumers find the mobile payments process to be too tedious and difficult. Several aspects of mobile transaction processes frustrated online shoppers. Elavon’s mobile shopping experience study, which involved 1,000 adult mobile shoppers in Ireland, noted that there were primary sources of frustration that lead to mobile users abandoning…

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Mobile transactions account for more than half of transactions made online

Mobile Transactions - Shopping via mobile phone

A new report reveals that consumers prefer mobile shopping. Criteo’s Global Commerce Review for Q2 of 2018 has revealed that mobile transactions are dominating online transactions. The report found that over 50% of online transactions made in many countries are now performed via mobile. Criteo analyzed data from more than 5,000 retailer in over 80 countries. The report took into account the activities, behaviors and preferences of shoppers across all devices and browsing environments. The data used, from which the company drew its conclusions, came from over 5,000 retailers in…

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In app transactions see 64 percent growth rate this year

In App Transactions shopping amazon

Purchases through mobile applications continued to see a significant rise in traction throughout 2017. It doesn’t come as much of a shock to know that in app transactions are making considerable gains, but the rate at which that growth is occurring is raising eyebrows. The holiday shopping season has been particularly effective in spiking m-commerce use. Over one in three American purchases over the Thanksgiving weekend occurred over mobile devices. In app transactions are playing a rapidly increasing role in driving mobile commerce growth in the United States as well…

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Zimbabwe mobile payments get a shot in the arm from cash crisis

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The country is suffering from a shortage of cash as Bitcoin simultaneously makes its presence larger. A suddenly downward shift in the availability of cash has driven Zimbabwe mobile payments into a position in which it is experiencing rapid growth. This represents quite a change for the country which has always had a glut of banknotes available. In fact, the $100 trillion note actually exists. However, the country has suddenly found itself in a position of cash shortage, forcing other transactions into popularity. As Zimbabweans search for ways to pay…

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Mobile payments use is mainly for transportation and restaurant bills

mobile payments use

A new survey shows that there are some very specific reasons for which smartphone wallets are used. A new Market Intelligence and Consulting Institute under the Institute for Information Industry study provided insight on mobile payments use. It showed that consumers are using mobile wallets most frequently for paying for their meals at restaurants and for buying fare on transportation services. The mobile payments survey showed 76.4 percent of consumers who used the tech did so to pay at a restaurant. Another 33.2 percent of mobile payment use was for…

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