Get key insights from MEF’s 6th Global Smartphone User Survey – this week, looking at Mobile Banking worldwide.
Mobile Banking has seen a big jump in penetration of its services (and that was before the impact of the COVID19 pandemic).
Users in developing economies are generally the most active. Presumably, the lack of traditional financial infrastructure makes mobile banking a first choice for financial inclusion. South Africa shows the highest penetration among smartphone users – large number of countries are just above majority for users with Span & Germany lagging behind.
For more real-world insights, download the survey now