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.
PaymentOne
PaymentOne Corporation provides carrier-based billing for landline, broadband and mobile payments.
The company allows payment with “no credit card required” and has a 10-year track record in payment services that connect digital merchants, social media publishers, content providers and network operators.
PaymentOne has generated over $4 billion in new digital revenue for brand name clients, including Blizzard Entertainment and America Online.
AnyPhone connects with over 1100 network operators and enables over 3 billion worldwide consumers in 67 countries to bill digital purchases on any device to their existing mobile, broadband, or home phone bill. The company has a patent portfolio covering fraud prevention, authentication, and alternative payments. PaymentOne is privately held and headquartered in the Silicon Valley.
More information: PaymentOne
