Growth of American Mobile Banking Users
Posted: April 20th, 2008.
The projected list of mobile banking users in the US from 2007 to 2012:
2007 : 1.1 million
2008 : 4.6 million
2009 : 10.4 million
2010 : 18.7 million
2011 : 29 million
2012 : 40.9 million
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Time May 14, 2010 at 7:23 am
[...] Mobile banking may not have picked up as fast as it should have. Issues of security and the fear of storing information on a device that you can be potentially stolen easily may have been the basic reasons why the penetration has not been so high. However, a study sponsored by Visa has noted that the penetration levels can reach 50% of all mobile phone users in USA by 2014. The number is presently less than 20%. [...]