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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

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    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Revealed: 81% Of Brits Still Use Their Desktop To Purchase Online

    Revealed: 81% Of Brits Still Use Their Desktop To Purchase Online

    Published by Gbaf News

    Posted on August 22, 2018

    Featured image for article about Top Stories

    For the first time, smartphones have overtaken desktops and laptops as the desired choice for internet browsing in the UK. On average adults are spending up to 2 hours per day scrolling through the internet on their smartphones, so why are people still sceptical to purchase using their mobiles?

    It’s likely consumers hesitate to make purchases on their smartphones due to concerns around privacy and security, leading to high cart abandonment rates.

    Shopping using a smartphone is supposed to be easier but, in reality, leaves the user ambivalent to whether they are making the right choice.

    Rydoo investigated the % of the GDP that is cash driven and the most popular purchasing methods across Europe. Although the UK, over any other European country, are most likely to make a purchase on their smartphone an overwhelming amount of people still chose to finalise a purchase using their desktop.

    Other interesting stats include:

    • Cash makes up 11% of the GDP in the UK
    • Only 7% of Brits purchase using their smartphones.
    • 9% of UK residents favour purchasing using their tablets.

    See how the UK fairs up against Europe: https://www.rydoo.com/en/money-mapped

    About Rydoo 

    The origin of Rydoo is not a typical story. It’s not one person’s dream or idea, yet the shared vision of 3 companies – Sodexo, iAlbatros and Xpenditure. Together we aim to eliminate painful and frustrating processes for companies worldwide.

    We offer one single app, with two modules covering the entire travel & expense journey: before, during and after each business trip.

    Our ambition is to change the way we work, offering a brand-new experience for business travellers and companies around the world. We aim for a seamless work flow and better quality of life for employees.

     

     

    For the first time, smartphones have overtaken desktops and laptops as the desired choice for internet browsing in the UK. On average adults are spending up to 2 hours per day scrolling through the internet on their smartphones, so why are people still sceptical to purchase using their mobiles?

    It’s likely consumers hesitate to make purchases on their smartphones due to concerns around privacy and security, leading to high cart abandonment rates.

    Shopping using a smartphone is supposed to be easier but, in reality, leaves the user ambivalent to whether they are making the right choice.

    Rydoo investigated the % of the GDP that is cash driven and the most popular purchasing methods across Europe. Although the UK, over any other European country, are most likely to make a purchase on their smartphone an overwhelming amount of people still chose to finalise a purchase using their desktop.

    Other interesting stats include:

    • Cash makes up 11% of the GDP in the UK
    • Only 7% of Brits purchase using their smartphones.
    • 9% of UK residents favour purchasing using their tablets.

    See how the UK fairs up against Europe: https://www.rydoo.com/en/money-mapped

    About Rydoo 

    The origin of Rydoo is not a typical story. It’s not one person’s dream or idea, yet the shared vision of 3 companies – Sodexo, iAlbatros and Xpenditure. Together we aim to eliminate painful and frustrating processes for companies worldwide.

    We offer one single app, with two modules covering the entire travel & expense journey: before, during and after each business trip.

    Our ambition is to change the way we work, offering a brand-new experience for business travellers and companies around the world. We aim for a seamless work flow and better quality of life for employees.

     

     

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