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Consumers and banks see demand for mobile payments

Karin Nauth Shelley


February 12th, 2013

An article posted in the February 11, 2013 edition of the WSJ calls it — “Bank Customers Make Smartphone Connection.”

As more and more cellphone users jump on the smartphone bandwagon, those users have an increasing appetite for organizing their lives around the device.  That includes using smartphones for their banking needs.  And that’s something that banks find much too appealing to simply overlook.  Banks have for the last several years been increasing their emphasis on software development for mobile banking, including mobile payments and mobile security.  The WSJ article cites that 50% of America’s mobile users are smartphone enabled.  That’s a significant percentage of the population, and indeed banking customer base, and that number is likely to grow by leaps and bounds.

Belatrix works with clients on their mobile solutions, including those focused on the mobile payments and banking opportunity.  Contact us to learn more.

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