Australians are increasingly using their phone as a credit card: Deloitte

Posted in: Mobile & Wireless at 24/11/2017 18:37

The pressure is on Australian banks to keep up with customer's growing use of smartphone apps to pay for in-store and online purchases.

A Deloitte survey has found the use of mobile payment solutions has grown 14 per cent over the past year, with over a quarter of respondents now using them.

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Mobile Consumer Survey 2017: The Australian cut: Smart everything, everywhere
From the moment our fingertips touched the screen, Australians have enthusiastically embraced the smartphone and its myriad and multiplying uses. This disruptive innovation, which started out as the technological Swiss Army knife, has gone on to enable radical changes in not only the global communications landscape but across almost all facets of life and the economy.

Whether it’s the parent trying to separate teens from their screens to the busy exec going from a mindfulness meditation app to a conference call in the kitchen – our phones are indisputably indispensable.

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