One in five Australians make in-store mobile payments

Three in ten Australians plan to use their smartphone for all their digital money and financial needs by 2017 and one in five (17%) are already using their smartphones to make in-store payments, research from lender Fair Go Finance reveals. β€œ50% would like to use biometrics instead of PIN codes by 2020,” the survey finds. β€œOne in ten said they would use Facebook to transfer money to friends and family.”