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Wireless

UK mobile payment transactions up 54% in 2015

Friday 22 July 2016 | 14:59 CET | News
UK consumers are using mobile banking apps more than 7,610 times a minute, or 4 billion times a year, according to a report by the British Banking Association. More than 13.8 million apps were downloaded last year, up 25 percent on 2014. The report shows mobile banking apps are increasingly preferred to banks' websites, as internet banking logins fell slightly last year – to 4.3 million a day in 2015 compared with 4.4 million in 2014. Mobile apps were used 11 million times a day in 2015, up from 7 million a day in 2014. The report also found a strong increase in payments over mobile apps,

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Categories: Mobile & Wireless
Countries: United Kingdom
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