Wednesday, April 18, 2012

The Future of Money: Smartphone Swiping in the Mobile Age

Smith, Aaron, and Lee Rainie. "The Future of Money: Smartphone Swiping in the Mobile Age,"  prepared by the Internet & American Life Project, Pew Research Center, April 17, 2012.

From the overview: “As adoption of advanced mobile devices such as smartphones has exploded in recent years, consumers have grown increasingly comfortable using their phones to transfer money, purchase goods, and engage in other types of financial transactions.

Recent Pew Internet surveys find that one in ten Americans have used their cell phone to make a charitable contribution by text message, that more than one-third of smartphone owners have used their phones to do online banking services like paying bills or checking a balance, and that 46% of apps users have purchased an app using a mobile device. Research from comScore has found that 38% of smartphone owners have used their cell phone to make a purchase of some kind, with digital goods (such as music, e-books or movies), clothing and accessories, tickets and daily deals leading the way as the most popular mobile retail categories.” 
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