Fintech: the use of mobile phones by UK shoppers


Advancements in the technology sector has revolutionised the fintech industry. According to a new research, mobile payment services are becoming popular: smartphones have even overtaken tablets and desktop computers. UK shoppers are increasingly using the former to access e-commerce websites. In the last quarter of 2018, just under 75% of site visits were made through mobile devices and 26% via PCs. The fact that smartphones are the most dominant option in the financial industry is a significant development. However, it does not imply that other devices will be replaced.


UK shoppers use their mobile device to shop online

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