Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of developments in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers’ use of mobile financial services in 2011. This 78-page report, “Consumers and Mobile Financial Services” (March, 2015) examines trends in the adoption and use of mobile banking, payments, and shopping behavior and how the emergence of mobile financial services affects consumers’ interaction with financial institutions.
Commidea
Commidea is part of the Point group and a market leader in the development of credit card processing technology, providing a range of high performance systems and tailor-made solutions for a wide variety of industries and market sectors.
Headquartered in Stockholm, Sweden, Point is a leading provider of electronic retail payment solutions in Northern Europe with over 300,000 customers operating more than 400,000 points of sale. Point was established in 1987 and has local offices across the Nordic and Baltic regions. Point supplies tools for secure electronic transaction processing, including hardware solutions as well as services such as software development, helpdesk, maintenance and transaction routing.
As part of the Point group, Commidea leverages the strength and experience of the wider multi-national group and continue to make investments in research and development to build secure, feature rich and cost effective payment solutions in the market.
The company operates from Point’s UK office in Ashford, Kent.
More information: Commidea, Point International