Digital Wallets And Mobile Banking Are NOT Everyone’s Choice!

Only 75% of UK adults use mobile banking, despite the fact that 93% of them could ( because they have smartphones).

That means that around 10 million adults are choosing NOT to use mobile banking, despite all the hype of the financial services industry, orchestrated by UK Finance and French PR giant Havas.

It is wonderful that so many members of the British public can exercise their personal freedom to choose NOT to do so.

This is what the British public DEMAND in all aspects of financial services - CHOICE. And that is precisely what the “Authorities”, led by HM Treasury, want to rip out of the British publics hands.

BUT THEY BRITISH PUBLIC ARE NOT HAVING IT.

Which explains why 88% of UK adults have made clear that they WANT to retain the right to CHOOSE to use cash.

By the way, it was laughable that so many financial services geeks were cavorting with joy when UK Finance came up with a stat that less than 10% of UK payments are made using cash. These digital pushers seem to think that such a stat - even if it is accurate - spells the end of cash.

Some sobering news for them.

In 2008, cash accounted for only 8% of payments in Sweden.

Today, 17 years later Sweden is NOT “cashless” and the Swedish government is determined that it NEVER will be.

The UK will also NEVER be “cashless” because the British public will NEVER accept it - and ANY government that tries to impose “cashless” on the UK will be swept from office!

Source: themoneypages.com/saving-banking/digital-wallet-payments-surge-as-people-embrace-mobile-banking