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    News in brief

    Federal Reserve reports on US mobile payment adoption

    News in brief

    Nearly a quarter of US adults with a mobile phone (24%) and 28% of those with a smartphone made a mobile payment in the 12 months prior to November 2015, a survey by the Federal Reserve reveals. “For smartphone owners who reported making payments with their phones, the most common types of mobile payments were paying bills, purchasing a physical item or digital content remotely and paying for something in a store,” the organisation says.

    Filed by Email Rian Boden Published • Last updated 31 March 2016, 15:15

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