Following news earlier this month that five of the UKs
leading banks are set to offer users of their mobile banking apps the ability
to make payments to friends and retailers, new research from Mintel reveals
just how keen today’s consumers are for a cashless society. Indeed,
highlighting demand, 18% of Britain’s internet users say they’d prefer to be
able to stop using cash altogether.
Meanwhile, just over a quarter (26%) of all Brits are
undecided on the same issue – showing perhaps they may at least be open to the
idea. Furthermore, just under two in five (38%) Brits are interested in being
able to make mobile payments – with an enthusiastic 8% of the nation claiming
they would apply for it straight away.