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.
CPNI’s Serbian Mobile Payment Messaging Hub
CPNI, a provider of mobile commerce solutions, has announced that its Phone Authorized Transfer (PAT) mobile payment messaging hub platform is now available in Serbia. The local partner is now committed to provide mobile payment messaging hub for and between institutions providing mobile payments.
CPNI’s Serbian partner is engaged with various large organizations in Serbia to offer mobile phone based payment services. These services include mobile P2P payments, mobile banking, pre-paid payments for utilities such as electricity and water and also covers high transaction volume operations such as payments for taxi services.
via Mobile Europe – CPNI announces mobile payment messaging hub in Serbia.