Mobile phone used to pay bills (% age 15+)

This indicator reflects the proportion of individuals aged 15 and older who have utilized a mobile device for bill payments within the last year. It serves as a crucial measure of digital financial engagement and the adoption of mobile technology in everyday financial transactions. Increasing penetration of smartphones and mobile internet access can influence this statistic, suggesting a shift towards more convenient and efficient payment methods. Additionally, understanding demographics such as age, income level, and urban versus rural residence can shed light on patterns and trends in mobile payment adoption, highlighting the digital divide and the potential need for targeted financial literacy programs to promote broader financial inclusion and accessibility. Source: