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Mobile Bill Pay Demand Is the Future

Imagine paying your house payment while riding in a double decker bus in London or making your Visa payment while waiting for a plane.
According to the Javelin report, after a pause in 2010, mobile banking adoption surged by 63% in 2011, rising to 57 million from 35 million in the United States. That’s a meteoric increase of 22 million consumers in one year. Over the next five years, mobile banking is projected to increase at a steady compound annual growth rate of 10.3% as financial institutions roll out new offerings, the data showed.  **** READ MORE: Mobile Bill Pay Demand Is the Future:

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