Smartphone Transactions Jumped Last Year

Telco

The number of smartphone transactions and the traffic related to them increased several times compared to the previous year, according to K&H Bank, writes profitline.hu.

According to the statement, the retail customers of the financial institution conducted 250% more transactions with Google Pay, Apple Pay, Garmin Pay, and Xiaomi Pay compared to a year ago.

Meanwhile, the turnover related to transactions increased by 271%.

They said that more significant growth could be expected in the coming period in the field of payments with smart devices.

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