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    Federal Reserve Board

    News stories featuring Federal Reserve Board:

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

    March 27th, 2015

    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.

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