Mobile Internet penetration continues to gain foothold as an increasing number of users around the world take to its convenience, despite concerns over privacy and data security, according to a new report by KPMG.
The number of survey respondents adopting mobile banking transactions worldwide more than doubled to 46 percent, compared to the previous study conducted 18 months ago in late-2008. Consumers who turned to the Internet to buy goods and services also surged from 10 to 28 percent.
Numbers from the world's fastest-developing economies jumped the most, according to the survey. Some 77 percent of respondents in China, for instance, said they have used their mobile phones for banking and 44 percent have done likewise for retail transactions. In India, 38 percent have used their mobile phones to shop while 43 percent for financial services.
For more on this story, read China, India leads global surge in mobile Web usage on ZDNet Asia.