A new report carried out by Total System Services (TYTS), has noted some very encouraging information about the adoption and attitudes towards mobile payments in the UK. 42% of study respondents said that they were likely to use mobile payments for in-store payments in the next two years, and 73% said that they expect over half their in-store payments to be made through their mobile in two years' time. The study also found that more and more people are engaging in 'passive' financial activities through their mobiles, such as checking their account balance and reviewing their recent transactions. The full report can be found via the attached link.
A new report carried out by Total System Services (TYTS), has noted some very encouraging information about the adoption and attitudes towards mobile payments in the UK. 73% of study respondents said that they were likely to use mobile payments for in-store payments in the next two years, and 42% said that they expect over half their in-store payments to be made through their mobile in two years' time. The study also found that more and more people are engaging in 'passive' financial activities through their mobiles, such as checking their account balance and reviewing their recent transactions. The full report can be found via the attached link.