Mobile banking on the rise as payment via apps soars by 54% in 2015
by Rupert Jones from Technology | The Guardian on (#1N38V)
High street bank branches see 32% decline in visits since 2011 as consumers turn to online methods - with digital-only banks adding to the competition
Smartphone-addicted Britons are embracing mobile banking, with payments via apps rocketing 54% in 2015 and reaching a value of 347m.
The average customer of certain UK banks views their finances on their phone more than once a day - and much of this balance checking and payment making is done while people watch TV, according to a report by the British Bankers' Association.