25% of tablet users to pay bills on their device by 2017 [INFOGRAPHIC]
A new report from Juniper Research today has revealed a growing acceptance of ‘push’ mobile banking to drive tablet transactions. The report suggests that these factors will driver users of financial/banking tablet apps to almost 200 million (19%) in 2017, vs this years 9%.
The firm also found that there will be a significant migration of purchasing and transaction activity from laptops and desktops to tablet devices as tablet adoption continues to grow.
Author of the report Nitin Bhas wrote,
“With online payments accounting for a significant proportion of all bill payments, especially in developed markets, BPP (Bill Presentment and Payment) transactions will indeed migrate from the desktop towards tablet devices. Consumers often prefer managing bill payment and transactions via tablet devices compared to smartphones”
In addition to the findings above, it was also discovered by analytics solutions provider FICO that 1 billion people will use mobile banking in 2017. Enjoy the infographic below for more details.