Payment through mobile devices on the rise in Europe

Moreover, in Poland, 6 major banks cooperated in July 2013 to create a mobile POS payment system. In Turkey, in the first three quarters of 2013, the number of online payment transactions made with domestic cards reached a value of over EUR 10 billion.

The number of mobile banking users in Turkey doubled between 2012 and 2013. In Ukraine, cash remains the most popular payment method in B2C E-Commerce, whilecredit cards account for only a small share of transactions.

In Scandinavia, the most used payment method among online shoppers in Denmark in 2013 was Credit or Debit Card. In a sample month early this year the majority of online shoppers in Finland preferred direct payment through bank in B2C E-Commerce, while in Norway over half of online shoppers preferred to pay with credit or debit card and the payment method most preferred by online shoppers in Sweden was invoice.

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