Consumers Wary of Mobile Banking, but It Will Still Grow

Seventy-one percent of consumers won’t consider using their mobile phone for banking or shopping. Fifty-nine percent just flat-out don’t trust that the device is secure enough for financial transactions.

These figures come from enterprise security outfit Unisys, which surveyed more than 13,000 mobile users in 14 countries. Reluctance to use the phone to make payments was highest in France (86%), followed by the UK (79%), Belgium (77%) and Italy (77%), according to a Telecoms.com report on the research.

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