Article
Mobile banking in South Africa has more than doubled in one year and usage is set to climb even more sharply in the coming year. This, according to the Mobility 2007 study by technology research firm World Wide Worx. World Wide Worx’s latest study of mobile technology and commerce in South Africa, conducted in partnership with First National Bank (FNB), was released in November 2007. In the consumer phase of the project, a survey among urban cell phone users, 17 percent of respondents said they had used their cell phones for banking services, compared to only 8 percent of urban respondents in 2006.