Report: UK remains leading mobile payments market in Q3

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. In its latest Mobile Payments Index report, Adyen said that the UK remained the leading market on its platform with mobile payments accounting for 46.9 per cent of online transactions during the third quarter compared to 44.8 per cent in the second quarter. In other key markets, Spain and the Netherlands recorded 32 per cent of online payments on mobile, followed by the U.S. with 27 per cent, Germany with 25 per cent, and France with 23 per cent. Smartphone transactions grew their share of mobile payments when compared to tablets for the ninth straight quarter, with 66 per cent of mobile payments in the third quarter made on smartphones versus 34 per cent on tablets. Report

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