Pew Points to Mobile Banking Surge

Pew Points to Mobile Banking SurgeAccording to the latest data published by the Pew Research Center’s Pew Internet & American Life Project, 32% of U.S. adults now bank using their mobile phones.

Pew also discovered that more than half of all U.S. adults (51%) bank online today.

Pew commissioned Princeton Survey Research Associates International to conduct the survey.

Overwhelmingly, the findings showed that consumers are turning to the mobile devices and PCs for their banking needs more today than ever before.

Then again, when you consider that cell phones are now being used by 91% of adults, the momentum behind mobile’s role in consumer banking isn’t going to slow any time soon.

In fact, the growth of mobile banking is rivaled in intensity only by mobile payments.

According to Starbucks, 10% of the company’s transactions come from mobile devices (thanks to the coffee giant’s partnership with Square). Today in the U.S., small businesses are similarly racing toward trusted mobile payments solutions like PayAnywhere and GoPayment with equal fervor.

To learn more about the state of mobile banking in the United States today, check out this comprehensive report from Mobile Payments Today.