Contact
QR code for the current URL

Story Box-ID: 818574

yStats.com GmbH & Co. KG Behringstraße 28a 22765 Hamburg, Germany http://www.ystats.com
Contact Press Department +49 40 39906850
Company logo of yStats.com GmbH & Co. KG
yStats.com GmbH & Co. KG

Smartphone users are dialing in mobile payments for convenience and speed, according to yStats.com report

(PresseBox) (Hamburg, )
Germany-based research firm yStats.com has released a new report on the drivers and barriers to mobile payments. The publication “Global Mobile Payment Methods: First Half 2016” also provides information on recent mobile payment innovations throughout the globe.

The highest value and numbers of usage of mobile payments is for online shopping, but the use of mobile payment in-store is growing; over a billion proximity mobile payment customers are expected globally in the next 3 years. Expansions and product launches leading this trend include Samsung Pay in Brazil, Android Pay in the UK and Walmart Pay in the USA. Still, surveys cited in the yStats.com report show that many shoppers are reluctant to use mobile payments because of concerns about security or simply not seeing an advantage to their use.

The convenience and quickness of mobile payments seem to be the main positive features enjoyed by those who have made the move to their use, according to the yStats.com report. South Korea is one of the leading markets in penetration of mobile payments. Surveyed users there cited convenience as the main reason for use, with speed as a second motivation. In the USA and Western Europe mobile shoppers show a preference for even faster, one-click checkout by having their payment details saved.

Website Promotion

Website Promotion
GLOBAL MOBILE PAYMENT METHODS: FIRST HALF 2016

yStats.com GmbH & Co. KG

Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.

Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.

We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
Important note:

Systematic data storage as well as the use of even parts of this database are only permitted with the written consent of unn | UNITED NEWS NETWORK GmbH.

unn | UNITED NEWS NETWORK GmbH 2002–2024, All rights reserved

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.