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July 1, 2022

UK P2P Mobile Payment Users, 2020-2026 (millions, % change, and % of smartphone users)

Note

A mobile P2P payment is a transfer of funds from one individual to another individual using a mobile device. Includes transactions made via mobile browser or applications developed by non-bank providers like Venmo, Cash App, Google Pay, and Facebook Messenger and transactions made via mobile banking ... websites and applications developed by banks like Zelle; excludes both peer-to-peer cross-border transactions and peer-to-merchant transactions.More

Methodology

Estimates are based on the analysis of the market presence of major mobile payment players; estimates from other research firms; and consumer smartphone, mobile payment adoption and retail spending trends.