In 2023, 35.4% of UK adults will use mobile peer-to-peer (P2P) payments—and only incremental growth is expected through 2027. But mobile banking apps and digital wallets can pull several levers to jumpstart growth.
Key Question: How can UK mobile P2P providers drive consumer usage through 2027?
KEY STAT: UK mobile P2P payments need a boost: Annual user growth is expected to taper from 4.5% in 2023 to just 2.1% in 2027.
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First Published on Sep 20, 2023
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