Do you know FinTech? FinTech is really not a complicated concept. It is simply financial technology, products and services you use everyday without even realizing it. In fact, statistics show nearly a quarter of Americans already use mobile payment services.

A recent survey of 1,003 U.S. respondents show that 53% use internet payment services (e.g. PayPal); 21% use mobile payment services (e.g. Apple Pay); 19% use internet and smartphone banks and 15% use personal financial management tools and apps. So really, even though you may not have heard the term “FinTech” before, in reality you are already using it. Visit our website for all the latest in personal finance news. https://1stax.com/