Report: Majority of Brits to use m-money service by 2015

Over 50 per cent of British consumers will be using their handsets to manage their bank accounts, pay bills and make purchases within the next three years, according to new research from the Future Foundation think thank commissioned by Monitise, an m-money enabler. The study claims that the number of UK residents who manage their money using their handsets has doubled in two years to almost 10 per cent of the population today. However, the research forecasts that this usage will increase dramatically by 2015 as banks and retailers take advantage of the growing uptake of smartphones and apps enabled by 3G/LTE networks. Article

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