Adyen's quarterly Mobile Payments Index for the fourth quarter of 2015 revealed that 34 per cent of global browser-based online transactions were conducted on a mobile device, up from 30 per cent in the third quarter of the year.
Gartner said mobile payments are gaining acceptance among consumers in North America, Japan and some countries in Western Europe.
Walmart joined the mobile payments crowd with an offering that promises to work with all credit, debit and Walmart gift cards in its U.S. stores. Walmart Pay will run on iOS and Android and will launch in some stores this month before being rolled out nationwide during the first half of 2016.
Global mobile payments accounted for 30 per cent of all online transactions during the third quarter of 2015 compared to 28.7 per cent of transactions during the second quarter, figures from global payments technology company Adyen show
Samsung Electronics opened up a public beta for its mobile payments service, Samsung Pay, ahead of its wider rollout next month. Meanwhile, Apple is expanding the number of locations that will accept its own mobile payments service, which has a significant head start.
The Merchant Customer Exchange (MCX), which is setting up a mobile payments system called CurrentC to rival Apple Pay, Google's Android Pay and other offerings, said the CurrentC system may not launch until 2016. Meanwhile, Samsung Electronics said its own mobile payments system, Samsung Pay, will launch in South Korea on Aug. 20 and in the U.S. on Sept. 28, adding yet another player to an increasingly crowded and fragmented market.
Apple faced pressure from credit card companies to drop transaction fees on its Apple Pay mobile payment service, as separate reports indicated the company is gearing up to launch the service in the UK within two months.
Apple has claimed that around half of the top 100 merchants in the U.S. will be supporting its Apple Pay mobile payments system sometime this year. However, Reuters found that fewer than a quarter of the top 100 retailers it surveyed said they currently accept Apple Pay, and nearly two-thirds of the chains said categorically they would not be accepting it this year.
Google used its opening keynote of its I/O developer conference to unveil a new, polished version of its Android mobile operating system, a new mobile payments app called Android Pay and updates to its Google Now proactive personal assistant.
Google will use its I/O developer conference, which kicks off today, to unveil an overhaul to its mobile payments offering, according to a New York Times report. Further, the report said Apple is going to soon announce enhancements to its own Apple Pay platform, including a rewards program.