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.
How Mobile Payment Solutions Will Play a Critical Role in Daily Deals
Paul Gain, CEO of Monster Offers and ZalaPay, will be a featured speaker at the Daily Deal Media Conference, discussing how Mobile Payment and Banking solutions will play a critical role in improving the Daily Deal experience for customers, merchants and deal providers.
Leading Daily Deal analytics and aggregation company Monster Offers recently announced a new social mobile payment and banking solutions platform that will be managed as a subsidiary of Monster Offers called ZalaPay.
ZalaPay mobile financial services include “EZ-Click” Mobile Cashier, Redemption, Loyalty, Daily Deal Wallet, P2P Mobile Money, and Pre-Paid Debit Cards.
“The Daily Deal industry is still quite young and right now Daily Deal providers need to focus on how to make deals easier to buy, redeem, track, not to mention how to develop and implement customer loyalty programs. Recent mobile banking solutions are making this possible and the Daily Deal Media Conference is the perfect forum to discuss the nuances of mobile and how it will affect daily deals and overall consumer behavior,” said Paul Gain, Monster Offers CEO.
Monster Offers is a leading mobile banking solutions company and Daily Deal aggregator, collecting daily deals from multiple sites in local communities across the U.S. and Canada. Focused on providing innovation and utility for Daily Deal consumers and providers, the company collects and publishes thousands of daily deals and allows consumers to organize these deals by geography or product categories, or to personalize the results using keyword search.
The company will introduce new mobile technology in 2011 to address unmet category needs in areas such as loyalty, rewards, payment processing, merchant services, and a Daily Deal eWallet. Monster Offers recently launched its Hyper-Local Daily Deal Reporting Program, designed to help providers improve the revenue and profits of local and regional Daily Deal programs.
Source: PR Newswire