A recent study has revealed that consumers are so comfortable with their mobile devices these days that they are actually demanding more mobile services from their banking institutions. In fact, some of the people surveyed noted that they had even switched banks just for the opportunity to use mobile banking services.
The independent research study was conducted in September 2010 and revealed that as much as 70% of respondents stated that they would stick with their current banks if they were able to send or receive funds via mobile phone. It also showed that as many as 71% of respondents stated that they would use mobile payments more frequently if the transactions were conducted within seconds.
Another method that was discussed during the study was the idea of e-commerce businesses getting paid via mobile phone, with 64% of respondents stating that they would be interested in receiving payments via credit card, e-check or debit card from customers using mobile devices.
Some other statistics from the study revealed some interesting facts about consumers, such as:
61% stated they were more likely to make payments via mobile phone if their banks provided the service…
58% stated they were interested in sending or accepting payments via text message, similar to the donations that were made for the Haitian earthquake relief…
56% stated they were interested in signing up for services that would allow them to send or receive funds from friends and family, as long as they were instantly transferred…
The research shows that consumers want more options for making payments through their banks via mobile phone devices. The market is now seeing a lot of providers that are not traditional banks that are looking to get into this market and replace these services that would typically be offered by the banking industry. The study reveals that a large percentage of the population that regularly uses mobile phones would embrace these types of services, although it is unknown how often they would be used if they came from businesses other than their personal banking services.
The way we send, receive and think about payments is changing rapidly. The old system of ACH debit payments is declining in use and popularity in a world that is becoming more and more mobile.
Please contact me for information on billing Europe – tap my network and let’s generate more revenue for you. Make sure you can bill Europe's huge population without credit cards by offering alternative billing options for their mobile handsets. Always remember, surfers on WIFI cannot pay through their telco carrier, you still need to offer non-telco billing options to mobile surfers. Contact JoeD at: traffic at giant sense dot com .
Mobile Payments Now In Demand
Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.
More Articles
Stuffed With Gratitude: How to Cook Up a Spanksgiving Feast for Fans
Every November, we fill up social media with family photos, pumpkin spice overload and, of course, lists of all the things for which we are thankful. November is the month of gratitude. For adult creators, however, gratitude doesn’t have to be Hallmark-sweet. It can be a little messier, a little cheekier — and a whole lot hotter.
How to Keep Your Collabs Safe, Legal and Drama-Free
Whether you’re a veteran performer who has already racked up collaborations into the triple digits, or a newbie still just figuring things out, your commitment to working safely and sanely should never become compromised. After all, you want to star in the next viral clip — not the next cautionary tale.
WIA Profile: Sandra Bruce
It goes without saying that a retailer who takes a “hands-on” approach to guaranteeing quality and safety is more likely to earn customer trust and loyalty. In the pleasure industry, where shoppers seek products to enhance their intimate lives — and even fulfill their deepest desires — that personal touch is even more impactful.
The Male Rose Co-Founder Heather Gruber Discusses Journey in Building the Brand
Recognizing high demand and interest as profitable pleasure products spread across influencer platforms, in 2021, Jamael Williams and Heather Gruber decided to launch a company with a clear mission: to help men feel more comfortable using pleasure products and talking about them with their partners.
WIA Profile: Katie
Katie is the ultimate girl’s girl. As community manager at Chaturbate, she answers DMs, remembers names, and shows up for creators and fellow businesswomen when it counts. She’s quick to credit the people around her, and careful to make space for others in every room she enters.
How to Stay Legally Protected When Policies Get Outdated
The adult industry has long operated in a complex legal environment subject to rapid change. Now, a confluence of age verification laws, lawsuits, credit card processing and data privacy rules has created an urgent need for all industry participants — from major platforms to independent creators — to review and potentially overhaul their legal and operational policies.
The Basics of Total Cost of Ownership in Retail
Almost every retailer has experienced that “oh no” moment. It’s when support tickets pile up, staff can’t get answers fast enough, store openings get delayed because Wi-Fi isn’t ready, or the POS proves to be outdated. Suddenly you’re too busy fixing problems to focus on driving sales.
How to Market a Product You Can't Name or Show Online
You’re trying to sell legal, helpful products to consenting adults — yet the internet treats those products like a problem. The viral success every brand dreams of can seem maddeningly elusive when search engines block or restrict common keywords, social feeds shadow-ban PG posts, review bots misread images and policies shift overnight with no notice.
From Compliance Chaos to Crypto Clarity: Making the Case for Digital Payments in Adult
These are uncertain times for adult merchants. With compliance tightening and age verification mandates rising, the barrier to entry keeps getting higher.
Real-Time Insights to Streamline E-Payments and Stop Lost Sales
A slow checkout process is more than just annoying — it’s expensive. In a high-risk sector like the adult industry, even small delays or declined transactions can cost businesses thousands in lost revenue every month.
