Infographic looks at the rising trend of in-store m-commerce, payments and more.
Financial comparison site CreditDonkey developed the infographic that shows 21 per cent of mobile phone owners have tried m-banking in the past 12 months, while 11 per cent that haven't used the platform plan to do so.
Meanwhile, more than 140,000 contactless pay stations have been launched in the UK for the 2012 Olympics and Paralympics, while US-based mobile payments firm Square hits $4 million in mobile transactions daily.
Charles Tran, founder of CreditDonkey.com, said: "Shoppers continue to shift away from cash, local retailers and big box superstores and toward credit cards, online shopping, and mobile phones.
"As most Americans now have a mobile phone, consumers will start to expect and demand instant access to banking and stores. For small banks and business owners, this is both a challenge and opportunity."
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Check out the infographic below.
Courtesy of: CreditDonkey
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