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.
Utiba
Established in 2001, Utiba is a pioneer in the field of mobile based transaction services.
From its initial foray into mobile VAS distribution, and then into mobile prepaid distribution, Utiba today is in the leadership position in mobile financial domain.
The company has its headquarters in Singapore and eight offices across the world. Utiba has developed the state of art technology and has been delivering exceptional services to its customers for past one decade.
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