Join the Community

21,838
Expert opinions
44,007
Total members
441
New members (last 30 days)
208
New opinions (last 30 days)
28,637
Total comments

The mobile wallet generation

Young people are almost as dependent on their mobile phones as they are on cash, according to new research commissioned by UK ATM network Link.

The poll, conducted by YouGov among 2000 adults found that 18-24 year olds ranked cash and mobile access as 'basic necessities'. The survey results also showed that young adults would be more willing to go without alcohol, chocolate and sex for 24 hours, than their mobile phone.

Link is using the results to promote mobile top-up facilities at cash machine networks in the UK. Banks might also note the implications for future service delivery and, of course, the inevitability of mobile cash.

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Join the Community

21,838
Expert opinions
44,007
Total members
441
New members (last 30 days)
208
New opinions (last 30 days)
28,637
Total comments

Trending

Shawn Conahan

Shawn Conahan Chief Revenue Officer at Wildfire Systems, Inc.

How To Win and Retain Customers In The Loyalty Era

Alexander Boehm

Alexander Boehm Chief Executive Officer at PayRate42

What Are Non-KYC Exchanges?

Now Hiring