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Up to 80% of Smartphone Owners Use Mobile Banking and Payments

Gadgehit.com writes: "A study of mobile banking and payment adoption rates in 14 countries has discovered a new category of consumer, that is driving the demand for mobile payments and banking, Smartphonatics. A Smartphonatic is someone who changes their shopping, financial and payment behavior as a result of owning a smartphone. The findings, based on an online survey, with a sample size of 4,200 consumers suggests an increase in the use of mobile financial services."

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