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Consumers and Mobile Financial Services – Free Report

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.

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Girl Scouts Now Accepting Mobile Payments for Cookies

February 23, 2011 by Mobile Payment Magazine

This year, girl scouts may get a bump in sales as the young scouts offer a novel way for customers to pay for their girl scout cookes. Thanks to its new mobile payment solution, the Girl Scouts of North East Ohio (GSNEO) will be ringing up cookie sales by accepting credit cards on their mobile phones.

The scouts will be trying out Intuit’s GoPayment mobile payment app for processing credit cards. “For this generation of girls in particular, running a business and being able to take payments anywhere with mobile apps like GoPayment will become second nature. We’re eager to see how sales will increase now that they take credit cards with GoPayment.”

To celebrate the Girl Scouts upcoming 99th anniversary in March, Intuit Inc. has equipped the Girl Scouts of North East Ohio with its GoPayment mobile payment app, including a free Intuit credit card reader, and reduced pricing on transaction fees. GoPayment provides them with an easy and affordable way to process credit card payments on their mobile devices while protecting sensitive credit card information with industry-leading data encryption.

“We’re glad to put the latest mobile technology in the hands of America’s future business leaders to help them increase cookie sales,” said Chris Hylen, vice president and general manager of Intuit’s Payment Solutions division. “For this generation of girls in particular, running a business and being able to take payments anywhere with mobile apps like GoPayment will become second nature. We’re eager to see how sales will increase now that they take credit cards with GoPayment.”

“We’ve lost out on sales in the past because many potential cookie customers did not carry cash,” said Marianne Love, director of business services for GSNEO. “But that’s all about to change with GoPayment. For the first time ever, we’ll be able to say yes to credit cards and process payments quickly right on our phones. And now that people can pay by credit card, it will make it easier to buy a bundle of cookies to donate to U.S. Troops overseas through our Gift of Caring service project called Operation: Sweet Appreciation.”

Intuit has extended the offer to all Girl Scout councils across the country for a limited time.

GoPayment was introduced two years ago as one of the first mobile payment services on the market. It was designed to help people easily and quickly get paid via their mobile devices wherever they do business. To protect credit card data, GoPayment does not store data on the phone. Data is also encrypted via the GoPayment app and the moment the card is swiped using a supported credit card reader. GoPayment is available for iOS, Android and Blackberry devices.

Source: Business Wire

Filed Under: News Tagged With: Girl Scouts, GoPayment, GSNEO, Intuit

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