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Saturday, May 02, 2015

Turkey leads Europe in mobile banking usage

Turkey leads Europe in mobile banking usage

Turkey is the country with the highest mobile banking usage in Europe. The assistant general manager of ING Bank's private banking unit, Barbaros Uygun, announced that according to a survey conducted in 15 countries among 15,000 people, 65 percent of Turkish Internet users perform their banking transactions via mobile banking. Following Turkey was Spain and the Netherlands, who tied with 61 percent each, while the European average was 53 percent. Uygun said by 2014, the number of mobile banking users had increased fivefold compared to previous years, while the number of active users performing their transactions through their mobile devices increased to 66 percent. He also stressed that their target was 80 percent.

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