However, Singapore trailed behind their Southeast Asian counterparts, with only 52 percent of respondents using their phones for checking bank balances and 38 percent making online purchases with their devices.
For online purchases, the survey revealed that games and applications are the most popular purchases made on smartphones.
Consumers were also found to be more welcoming towards the idea for mobile based in-store payment solution. Indonesia led the pack with 76 percent of respondents saying they would use their mobile phones to pay for purchases in shops, if there was such an option available. In Singapore, only 57 percent of respondents said they would buy the idea.
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