Mobile Banking Penetration in U.S. at 20%, Fed Estimates

What's Next In Payments®
4:26 PM EDT March 15th, 2012

One of every five Americans use a mobile device to access banking services, according to a new study commissioned by the Federal Reserve Board.

Another 20 percent of Americans say they expect to use mobile banking in the future, an official release explains.

The full release is available online. It includes a link to the study.

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