5 Mobile Banking Lessons the United states Can Learn from the International Market

June 2008
Bank Technology News;Jun2008, Vol. 21 Issue 6, Special section p10
Trade Publication
The article offers information on mobile banking lessons that U.S. can learn from the International Market. These include, not to underestimate the cash economy when it comes to mobile payments wherein consumers have more options when paying for a good or service. Another one, reaching out low-income consumers in which U.S. banks must resist being drawn to mobile banking. Lastly, mobile banking needs to be easy to use thus, if the technology is smart enough and easy to use, people will use it.


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