Payment News – July 24, 2012: Adyen, iZettle, NFC Mobile Payment Market
Adyen Report: iPad is the Market Leader in Mobile Payments
Payment service provider Adyen has published the findings of a payment analysis, showing that the worldwide share of mobile transaction has more than doubled from 3.6% in late 2011 to 8.4% in June 2012. For the study Adyen compared the number of payments that came from mobile devices with the number of total transactions processed. The figures show that 3.6% of all payments where completed using an iPad, with users spending 20% more on average than on other mobile devices. The iPhone comes in second with 3%, followed by Android devices with 1,5%. Read more…
iZettle Brings Mobile Card Payment to Android
iZettle is working on an Android version of its mobile card payment service. iZettle users in Sweden with an Samsung smartphone (compatible devices: Samsung Galaxy S II, S III, and the Galaxy Note) can sign up for an iZettle account to receive a free chip-card reader during the test period. iZettle for Android has the same features as the iZettle iOS version for iPhone. Unlike the chip-card reader for iPhone and iPad, the Android version plugs into the device’s audio jack. Read more…
NFC Mobile Payment Market to Reach $180B by 2017
According to the latest research report by Juniper Research the NFC retail payment market will exceed $180 billion worldwide by 2017, that’s more than a seven-fold increase over 2012. The report finds 2011 was the breaking point for NFC payments with major network operators committed to the NFC standard and the launch of new NFC-enabled smartphones. Read more…
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