Tag: tablet commerce

One in three online transactions in Q4 2015 were mobile payments

The Adyen research firm has now released their figures which showed smartphones surpassed tablets in m-payments.

For the first time in the history of mobile payments, the last quarter of 2015 represented the time when smartphones were used more often than tablets for the completion of transactions that were made online.

At the same time, it remained iPads that were able to bring in the largest average transaction value.

The figures from Adyen, a research company, have also revealed that in the last three months of 2015, one in three online transactions were carried out in the form of mobile payments. The purchases were made either by way of a smartphone or a tablet. More specifically, 34 percent of online transactions during the last quarter of 2015 were completed over mobile. This was a solid increase over the third quarter of last year, when that figure had been 30 percent.

Mobile payments are currently divided nearly equally between smartphones and tablets, though phones are growing.

Q4 2015 - Mobile PaymentsIn the worldwide scene, smartphones are being used for 17.5 percent of all purchase transactions completed online. This is an increase over the previous quarter, when it had been 14 percent. Comparatively, tablets were used 16 percent of the time, which is a decrease when compared to the quarter before, when it had been 17 percent.

What Adven determined was that even though smartphones were rising in popularity, it remained iPads that were being used for the transactions that had the highest overall total value. The average order value over iPads was $107. In second place – and only very slightly behind iPads – were orders made over laptops and PCs, as their average order value was $106. Android tablets took third place with $86, iPhones were in fourth place at $83 and, finally, Android smartphones had an average total purchase value of $73.

According to Roelant Prins, the chief commerce officer at Adven, in a recent statement, “Mobile payments, both in app and browser-based, are driving the growth of eCommerce, and this trend is particularly noticeable by the acceleration in mobile payments for methods such as JCB and Alipay.”

Mobile shopping took off on Black Friday

Initial figure said that sales made online were up by an estimated 21.5 percent over last year’s numbers.

The first wave of data from Black Friday is now making its way over and what it has indicated was that mobile shopping took off on that day and was used considerably more than it was on the same day in 2014.

IBM has released its figures from the m-commerce use this year and showed that apps are paying off.

The tech company’s figures showed that when compared to last year, there was an increase of 21.5 percent in digital sales through mobile shopping. This indicates that retailers that invested in improvements in their mobile commerce apps and optimized websites saw the fruits of their efforts. While IBM has revealed the growth rates, it does not report on the total sales figures that occurred on this opening day of the holiday shopping season. That said, on the evening of Black Friday, Adobe reported that Americans were on track to spend over $2.7 billion in online purchases.

If Adobe was correct, it would mean that there would actually have been a 14 percent mobile shopping increase.

Mobile Commerce Shopping - Black FridayThat growth in m-commerce would have been over Adobe’s own tracking methods compared to the figures that it gathered on the same day last year. That said, both IBM and Adobe agreed that mobile shoppers were using their smartphones and tablets to make purchases more often than on their laptops and desktops. This represents the first time this has ever happened on Black Friday.

According to Tamara Gaffney, an Adobe analyst, “US consumers have turned into digital shopping ninjas.” Adobe has also estimated that the total spending from American consumers online over Thursday and Friday of last week came to a record total of $4.45 billion. It stated that it would be updating its reports to include in-store sales as well.

Adobe’s report indicated that online and mobile shopping consumers were looking primarily for gadgets and the hottest toy products. Among the most popular Black Friday buys were the iPad Air 2, Xbox, Samsung TVs, Star Wars Lego, Lego Dimension sets, and Shopkin Dolls.