All the sessions from Transform 2021 are available on-demand now. Watch now.
Europe remains the leading region when it comes to adopting mobile payments, according to a new study released today.
Adyen, the Amsterdam-based payment technology company, released the findings as part of its Q3 Mobile Payments Index. It’s worth noting that the index covers the last period before Apple Pay launched, a service many hope will give mobile payments a boost.
Overall, mobile devices accounted for 23.3% of all online payments for the three months ending September 30, according to the report. That was up from 21.5% in the previous quarter ending in June.
Europe was first among regions, with 24% of all mobile payments. Asia was second with 17%. Asia was also the fastest growing, with 58% year-over-year growth, according to the report.
North America remained essentially unchanged from the previous quarter at 16.7%, according to the report.
“The future belongs to businesses that will continue to adapt to local mobile payment preferences and streamline the checkout flow,” said Roelant Prins, Ayden’s chief commercial officer, in a statement.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more