E-commerce is now a regular fixture in people’s purchasing habits – and continues to show demonstrable growth on mobile devices. Recent research we conducted found that, across Europe, 54% of consumers are regularly using a mobile device to pay for a range of products and services, whether that’s buying takeaways or booking holidays.
Currently, a fifth (20%) of total spending processed by Visa across European markets is via an e-commerce channel. At present, many people are leaving the mobile environment to complete transactions on another device such as a laptop. However, we predict that, by 2020, 50% of our transactions will be made using some kind of mobile device, be that tablet or phone. Retailers looking to take full advantage of these channels will have to provide an experience that adheres to consumer expectations and offers the freedom of choice that consumers are used to.… Read more.