Mobile wallet use more than doubles in the UK - study

Tuesday 17 May 2011 | 07:43 CET | News
The use of 'mobile wallet' technology by UK consumers has more than doubled over the last 12 months with more than 1 in 10 now making payments via their mobile phones, according to the Mobile Life research paper from TNS. In addition, 1 in 5 UK consumers now use their handsets for basic banking functions such as checking their account balance - also up more than 100 percent in 12 months. In the UK, 11.9 percent of consumers now use their mobile phones to make payments online, up from 5.9 percent 12 months ago, with 20.4 percent using mobile banking, up from 9.7 percent.

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Categories: Mobile & Wireless
Countries: United Kingdom
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