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MSE News: Almost 40% of customers now use banking apps

Former_MSE_Megan_F
Former_MSE_Megan_F Posts: 418 Forumite
Newshound!
edited 29 June 2017 at 3:21PM in Budgeting & bank accounts
Almost 40% of UK adults now use banking apps, with about 30 transactions taking place every second...
'Almost 40% of customers now use banking apps'
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Comments

  • TheShape
    TheShape Posts: 1,842 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Combo Breaker
    They're incredibly convenient. I've got 10 banking apps on my phone.
  • EssexExile
    EssexExile Posts: 6,341 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    I'll have to get a phone.
    Tall, dark & handsome. Well two out of three ain't bad.
  • worried_jim
    worried_jim Posts: 11,631 Forumite
    10,000 Posts Combo Breaker
    I've also got a Monzo account which is an app only bank. It's the future.
  • enthusiasticsaver
    enthusiasticsaver Posts: 15,902 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I find them convenient and have them for 3 different banks on my phone. I love contactless too.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
  • EarthBoy
    EarthBoy Posts: 3,136 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    They are so convenient that I can't imagine being without them now. I'd struggle to manage.
  • Ectophile
    Ectophile Posts: 7,766 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I've got a Nokia phone. It doesn't do apps. Funnily, I don't struggle to manage.
    If it sticks, force it.
    If it breaks, well it wasn't working right anyway.
  • Jo_Blogs
    Jo_Blogs Posts: 753 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    Ectophile wrote: »
    I've got a Nokia phone. It doesn't do apps. Funnily, I don't struggle to manage.

    Me neither! :);):p
    Saved Nitty Gritty £7440.75 [149%] / £5000-[Sep] £58.44:starmod: for the 'Save 12k in 2017' #157
    2017 Womble #35 £3463.27 ;)Sept NSDs 4/15:staradminCCCChl 9/12 months:D
    Sept PPChl#002 Pts 71
  • worried_jim
    worried_jim Posts: 11,631 Forumite
    10,000 Posts Combo Breaker
    Ectophile wrote: »
    I've got a Nokia phone. It doesn't do apps. Funnily, I don't struggle to manage.

    Maybe so, however your life could be made easier and more convenient. A bit like the chap that says I like the bus what do I need a car for?
  • Shakin_Steve
    Shakin_Steve Posts: 2,797 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    EarthBoy wrote: »
    They are so convenient that I can't imagine being without them now. I'd struggle to manage.
    Convenient and slightly addictive.
    I came into this world with nothing and I've got most of it left.
  • takman
    takman Posts: 3,876 Forumite
    1,000 Posts Combo Breaker
    Ectophile wrote: »
    I've got a Nokia phone. It doesn't do apps. Funnily, I don't struggle to manage.

    I'm sure 20 years ago you were thinking something along the lines of

    "I've got a postbox near to me and a landline. I don't have a computer or a mobile phone. Funnily, I don't struggle to manage"

    Yet look at you now posting on an online forum discussing your mobile phone!.

    As worried jim says it's not about struggling it's about convenience. I have 11 financial and banking apps on my phone to keep track of all those accounts paying me "lots" of interest and bonuses. Using apps i can check all of them in less than 5 minutes when i have some spare time when I'm out. If I didn't have those apps I wouldn't be able to use my time as efficiently and have less time to do other things.
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