A new report from xAd released on September 10 has found that 42 percent of online banking occurs on either a smartphone or a tablet, Mobile Commerce Daily reported.
The study revealed that the average mobile banking visit on a smartphone lasts just 3.2 minutes, while the average tablet visit was found to last 3 minutes. Average PC visit time was observed at 5.5 minutes.
For more insights and statistics into how consumers are engaging with mobile banking services, read the full report summary here.
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