This will see 39 per cent of smartphone users regularly access lifestyle and sports content, tickets, videos, news articles and more through DCB payments – an increase from just 19 per cent in 2018, and 26 per cent today.

Carried out by Mobilesquared, our independent analysis builds a picture of the future of DCB, and it’s a huge opportunity – helping brands connect with new fans and allowing carriers to unlock revenue streams, through world-class content.

“The past five years have seen mobile content become king, with mobile internet usage now accounting for 52 per cent of web-page views around the world.

“Slotting neatly into this ecosystem, DCB is a more universal way to pay – bypassing the need for long sign-up processes or inputting bank account details, alongside transparent direct communication. We hope this research demonstrates what an exciting time it is for our industry, proving it is a payment method on the cusp of hitting the mainstream.”