Survey: US consumers want one app for banking and payments

Two-thirds of consumers favour single mobile app for banking and payments over cash and physical cards — Entersekt — “More than two-thirds (68%) of regular banking app users in the US would ‘like to do all banking and payments via one single mobile app’. A similar majority (67%) claim they would be less likely to use cash or physical credit cards if they had such an app. The lure of an all-in-one combination app is stronger among younger adults (18 to 44 years) who regularly used banking apps: just over three-quarters (76%) want one, compared with only 50% of those aged 55 and over.”


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