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Despite becoming one of the hottest trends in e-commerce as of late, consumers are showing some trepidation towards the way that the mobile payments sector is progressing, according to a new report from ath Power Consulting.

ath Power’s study comes as a result of a survey of over 3,000 respondents, taken in January 2017. Among other significant findings, the survey claims that eight out of ten respondents consider digital banking to be their preferred way to bank, and 91 percent of respondents feel digital banking is important to their overall banking needs.

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