FOR IMMEDIATE RELEASEPressnews.biz (Press Release) May 12, 2014 -- An extensive variety of financial services are currently being offered through the mobile channel in the US. These services comprise of mobile banking, person-to-person payments, mobile shopping and price comparison services. Espousal of mobile banking and mobile payments continues to augment rapidly in the US. Banks are increasingly investing billions of dollars in developing smart apps, providing additional features for mobile banking and remittances. The majority of the banks believe that the mobile channel will help them reduce their transaction cost and increases customer engagement and enhancement. With mobile phone penetration surpassing 90% of the population, the profit potential of remittances via mobile is huge.
|Issued By||:||Ankur Gupta|
|Website||:||Market Research Company|
|Business Address||:||109-110, NDM II, Netaji Subhash Place,
Pitampura, New Delhi - 110034, India
|Categories||:||Finance, Reports, Research|
|Tags||:||US Bill Payment Market, US Remittance Market Report, US Money Transfer Market, US Domestic Remittance Market, US flow corridors inward remittance|
|Last Updated||:||May 12, 2014|
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