What percentage of internet users in the USA use mobile apps for banking

a graph showing the percentage of internet users in the USA who use mobile apps for banking Mobile Banking Usage in the USA

Mobile banking has become increasingly popular in recent years, with many people using their smartphones or tablets to access their bank accounts and perform various banking tasks. But just how many internet users in the USA use mobile apps for banking?

The answer is:

According to a 2022 survey by the Federal Reserve, 78% of internet users in the USA use mobile apps for banking. This represents a significant increase from 67% in 2019. The survey also found that mobile banking is more popular among younger adults, with 89% of those aged 18-24 using mobile banking apps.

Here are some additional key findings from the survey:

  • Mobile banking is used for a variety of tasks: The most common tasks performed using mobile banking apps include checking account balances (94%), transferring funds (89%), and paying bills (87%).
  • Mobile banking is convenient and secure: 92% of mobile banking users say that they find it convenient, and 89% say that they feel secure using mobile banking apps.
  • Mobile banking is becoming more popular: The number of internet users in the USA who use mobile banking apps has increased from 67% in 2019 to 78% in 2022.

Conclusion:

Mobile banking is a popular and convenient way for people in the USA to access their bank accounts and perform various banking tasks. The number of people using mobile banking apps is expected to continue to grow in the years to come.

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