More than four in ten UK consumers now make in-person and ecommerce purchases from their mobile device on a weekly basis (43%), making mobile payments “the predominant form of payment” in the country with mobile commerce transaction values predicted to reach £100m (US$112m) by 2024, according to research published by payment services provider Rapyd.
The research also shows that 29% of UK consumers now use Apple Pay — “the highest observed [usage] in Europe” — and 16% say Apple Pay is their preferred method for making in-person payments compared with 16% who say credit card and 12% who say cash.
Nearly half of UK consumers have also used their mobile device to make an ecommerce payment in the last 90 days (49%) rather than a laptop (47%), most commonly for clothing, restaurant meals, groceries and utility bills, according to the research.
Source: Link
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
