Have you noticed how smartphones are changing the way we do everyday things, like shopping or chatting? In Peru, they’re also changing how people manage money. Over just two years, the number of Peruvians using the internet on their phones for banking has tripled. That is a huge shift. In…
Peru is undergoing a digital banking revolution. According to the latest Residential Telecommunications Services Survey (Erestel) by OSIPTEL, internet use for mobile banking has surged dramatically—from 13.8 % in 2022 to 43.6 % in 2024. That’s more than a three-fold jump in just two years. This rapid adoption reflects growing…