Consumers increasingly rely on mobile devices for financial transactions. Mobile banking and digital wallet apps are rapidly becoming popular global tools. It’s estimated that 489,000 personal finance apps are downloaded every second, totaling around 250 billion per year. Six out of ten users prefer finance apps over desktop sites. These apps provide convenience and control at users’ fingertips. Read more about SBIC’s thoughts on Mobile Banking and Digital Wallets in our upcoming article: The Rise of Mobile Banking: Navigating the Mobile Financial Landscape. Source : branch.io #Mobilebanking #DigitalWallets #FutureofTransactions *State Bank of India (California) is not affiliated, associated, authorized, endorsed by, or in any way officially connected with the companies, apps, or services or any of its subsidiaries or its affiliates listed in this article. We are not responsible for the accuracy, legality, or content of any external sites.
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