One in five US mobile phone users made a mobile payment in 2014

News in brief

News in brief

22% of US mobile phone users made a mobile payment last year, up from 17% in 2013, research from the Federal Reserve Board reveals. The most common type of mobile payment was paying bills through an online system or mobile app, followed by online and in-app purchases, with in-store payments in third place, the Consumers and Mobile Financial Services 2015 (PDF) report found.

Filed by Email Rian Boden nfcworld.com Published 27 March 2015, 15:22 • Last updated 27 March 2015, 15:22