Contactless payments comprised 1 in 3 UK transactions last year

Contactless payments - UK

Finance industry data showed that the growth of this tech’s use is returning to pre-pandemic trends. Contactless payments make up a substantial portion of the transactions taking place in the United Kingdom as growth trends return to patterns closer to where they were in pre-pandemic times. The use of cash continues to be on the decline as people look to tap cards and mobile transactions. This, according to the UK payment markets 2022 report published by UK Finance, documenting the changes in transaction methods used by consumers throughout the last…

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eBay claims that m-commerce success requires stronger foundation

Mobile commerce Risks

eBay has led a group of retailers, trade bodies, and network operators from across several industries and has used a “Mobile Manifesto” to announce to the UK government that m-commerce will only take off if a better network infrastructure is prioritized. According to eBay research, almost 50 percent of smartphone users in the United Kingdom are unable to take part in mobile shopping activities due to limitations in their mobile internet speeds. eBay worked along with Populus, a research agency, to determine that 45 percent of smartphone users did not…

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