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"Your knowledge of and insight into the industry and its vendors enabled us to build a very realistic business case, identify the best solution to meet our long term needs, and countless hours of investigation."

-William Fitting, Senior Vice President
AllFirst Bank

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Mobile P2P Payments & Transfers

Mobile P2P payments & transfers 4/22 Javelin Javelin data shows that those consumers who have taken advantage of mobile banking in the last month are the most ready & willing to engage in further mobile transactions, with ¼ of mobile bankers likely to try mobile P2P payments & transfers.’ Mobile P2P payments & transfers offer the first income-generating step for financial institutions on the pathway to full mobile banking & payments. While still a niche product, demand is growing & one out of ten consumers currently states that he or she would likely use mobile P2P if the service were available. This report is based on an online survey of 2192 consumers, a survey of 26 executives from the financial industry, & 10 interviews of executives in the payments industry.