Crypto Wallets now bigger than Credit Cards

Mobile wallets are fast becoming the preferred payment method when it comes to online purchases. According to the Mobile Wallets Report 2021, crypto wallets have now overtaken credit cards to become the most widely used payment type globally. The upward trend predicts that by 2025 mobile wallets usage will increase by 74%, reaching 4.8 billion wallets worldwide and bringing billions of consumers into digital commerce for the first time. Fast Acceleration of Crypto Wallets: Global Metrics & Trends In 2019 for the very first time, crypto wallets overtook credit cards as consumers favoured comfort, security and responsiveness over traditional banks accounts…

Mobile Commerce and the Rise of Shopping Apps

It should come as no surprise that the 2020 coronavirus pandemic accelerated the adoption of app technology by 2 to 3 years - changing worldwide consumer behaviour on mobile forever. During the lockdown people spent 4.2 daily hours on mobile,  surpassing live TV for the first time in history. From gaming to shopping, video conferencing or payments, mobile has taken centre stage in our lives — ingraining new mobile app habits and permanently shifting the consumer landscape to a mobile-first world. Today we will focus on shopping apps, and how crucial they have become for engaging customers and growing your…