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.
Shopgate
Shopgate (founded in 2009) provides mobile solutions to online shops so that they can reach their customers everywhere and maximize sales. Through Shopgate, online shops can get a mobile optimized website, and smartphone and tablet apps, allowing them to turn e-commerce into m-commerce. Shopgate’s mobile solutions allow client customers to make payments through mobile websites and apps. Shopgate’s mobile packages also come with marketing tools and features such as qr code shopping and the Shopgate Marketplace App to help online stores increase their sales.
More information: Shopgate.com/us