$431 Billion in Mobile Transactions This Year
It’s no secret that mobile is growing rapidly. 31% of merchants accept mobile payments. Another 37% plan to accept them in 2015. Thousands of survey respondents participated worldwide to measure and identify the latest trends, opportunities, and issues facing the mobile payments and fraud industry. The largest shift in trends from past surveys to this year’s is the increased focus and concern around new payment types. The impact of mobile wallets on the industry such as Apple Pay or Google Wallets is likely a contributing factor to this concern. In addition, mobile is contributing to a higher percentage of total revenue for merchants.
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