Mobile banking ‘revolution’ has taken place, says British Bankers Association

The UK has undergone a mobile banking ‘revolution’, with the number of people utilising their smart phones and mobile devices for day-to-day purposes doubling in the past year, the British Bankers Association has identified.

The BBA highlighted that a staggering 5.7 million transactions are made on a daily basis by people using mobile devices, and pointed to the recent closure of a number of smaller bank branches across the UK as clear evidence that mobile banking is ascending to supremacy for transaction and withdrawal purposes. If you would like to find out more please click here.