Kimora Lee Simmons Designs Chic New KLS RushCard

New Design along with Custom Money Management Tools Help Members Stand out and Feel Good about their Finances

CINCINNATI, July 11, 2011 /PRNewswire/ -- The wait is over. Today, RushCard unveiled the new, chic KLS RushCard designed by designer and entrepreneur Kimora Lee Simmons.  

The KLS RushCard is no ordinary prepaid card. The card features the sleek KLS logo, a luxe, purple zebra print background, and pink cascading diamonds.

"Prepaid Visa RushCard users are people with style, flair, and confidence -- Why shouldn't their money look as fabulous as they do?" Kimora said.

The new KLS RushCard was designed to help those who want to exercise their financial freedom feel good about their money. The card offers all the convenience and money-saving features of the original RushCard.

The new KLS RushCard is a great addition to RushCard's suite of offerings. Our members are not going to only love the new look, they're going to love what they can continue do with this card by taking advantage of its many free features," said Russell Simmons, RushCard's co-founder.

Members can use their cards anywhere Visa debit cards are accepted – in stores, online, and at ATMs. Plus they can enroll in free Direct Deposit, transfer money between cards, create and follow a budget, and track their spending, all while saving on health care services and prescription drug costs. They can simply choose the design that best suits their style.

"Our customers enjoy the stylish cards we offer and we wanted to give them more of what they like," said Jeff Filliater, RushCard's Chief Marketing Officer. "The new KLS RushCard with its vibrant appeal will continue to benefit our members."

To learn more about the Prepaid Visa RushCard, card fees, and money management tools, visit www.RushCard.com or call 866-RUSHCARD. Check out www.flexyourfreedom.com for the latest personal finance news, tips, and polls to help you stay on the road to financial freedom.

About UniRush LLC

Headquartered in Cincinnati, UniRush LLC provides members with access to services that enable them to achieve their personal and financial goals.  The RushCard offers the more than 60 million Americans without access to a traditional banking relationship an array of basic financial services via the Prepaid Visa RushCard. Benefits of the program include direct deposit, the ability to withdraw funds at more than 850,000 ATMs globally, the ability to use the card wherever Visa debit cards are accepted, and a suite of health products to help those underserved by the insurance industry. For more information about UniRush and RushCard visit www.rushcard.com or find us at Facebook.com/Rushcard or on Twitter @RushCard.

SOURCE UniRush LLC

Tom Dailey 2Checkout CEO Position

July 11, 2011 01:04 PM Eastern Daylight Time 

COLUMBUS, Ohio--(BUSINESS WIRE)--2Checkout.com (2CO), a leading global ecommerce payments company, today announced the promotion of Tom Dailey to Chief Executive Officer and member of the company's Board of Directors. Dailey has served as President since joining the company in October, 2009. He is a 27-year veteran of the card and payments industry, and the former executive head of Discover Card’s merchant network.

The company also announced the appointment of Mike Sayre to President, Chief Operating Officer and member of the Board. Sayre was a consultant and 2Checkout’s Interim Chief Financial Officer since October, 2010. Prior to joining 2CO, Sayre held a number of senior executive roles in technology companies.

2Checkout.com (2CO) is a worldwide leader in payment and ecommerce services. 2CO provides PCI compliant online credit card processing services via merchant accounts, merchant account alternatives and a fully automated suite of back end services, including fraud protection, customer care, shopping cart solutions, data security services, and multiple payment methods, currencies and languages to optimize conversion. For more information visit http://www.2checkout.com

Contacts

2Checkout.com, Inc. (2CO)
Bill Clifford, 614-921-2450 x105
http://www.2checkout.com

National Bank Launches its International Direct Payment Solution

July 11, 2011 11:52 ET

MONTREAL, QUEBEC--(Marketwire - July 11, 2011) - National Bank (TSX:NA) is proud to launch its International direct payment solution that will allow National Bank Client Card holders to use their debit cards worldwide via the Maestro^® network.¹

In concrete terms, this means that Client Card holders will have greater access to their funds and be able to pay for purchases via Maestro^® at more than 13 million participating merchants in more than 100 countries* around the world. As in Canada, clients simply need to enter their PIN to authorize the payment and the purchase amount is debited directly from their bank account.**

"Electronic payment is rapidly changing and we are making it one of our top priorities. Right now, direct payments make up the bulk of debit transactions, and with the growing number of people travelling all around the globe, it was vital for us to meet our clients' changing needs," stated Eric Paquet, Senior Manager – Retail Transaction and Payment Solutions at National Bank Financial Group.

For National Bank clients travelling outside Canada, the Client Card is now as convenient a payment solution as credit cards and foreign currency.

About National Bank of Canada

National Bank of Canada is an integrated group that provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has over $154 billion in assets and, together with its subsidiaries, employs 18,492 people. The Bank's securities are listed on the Toronto Stock Exchange (TSX:NA). For more information, visit the Bank's website at www.nbc.ca. To access National Bank Financial Group's financial education portal, visit www.clearfacts.ca.

⁽¹⁾ Maestro is a registered trademark of MasterCard International Inc.

*Data as at June 2011 Source: MasterCard Worldwide

**Transaction fees and currency conversion fees apply. For details concerning transactions carried out in foreign currencies, refer to the Agreement Governing the Use of Automated and Electronic Banking Solutions, available in branches and at www.nbc.ca. Transactions carried out in a foreign currency other than the U.S. dollar will first be converted into U.S. dollars and then into Canadian dollars.

Related articles

• U.S. Bank and Monitise Americas Introduce Free Mobile Banking Service (nfcdata.com)

U.S. Bank and Monitise Americas Introduce Free Mobile Banking Service for ReliaCard® Visa Cardholders

July 11, 2011 11:36 AM Eastern Daylight Time 

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB), has partnered with Monitise Americas and FIS™ (NYSE: FIS) to offer a new mobile application for U.S. Bank ReliaCard Visa cardholders in 16 states. ReliaCard is a prepaid, reloadable card for those who receive recurring cash disbursements from a government agency. The new mobile application gives cardholders in various government programs convenient, free access to their accounts anywhere and anytime using their mobile phone. Last year, AccelaPay, a sister prepaid product to ReliaCard, launched mobile banking service.

“Consumer adoption of both prepaid cards and mobile financial services continues to increase, and we’re proud to be teaming with U.S. Bank and Monitise to bring new capabilities for these financial tools.”

ReliaCard cardholders can check their balance, pay bills, receive account alerts and view mini-statements on-the-go with ReliaCard mobile banking. The free ReliaCard application can be downloaded by cardholders at reliacard.com.

“We’re pleased to introduce a full-suite mobile banking solution with bill pay capabilities to our ReliaCard customers,” said Kevin Morrison, prepaid senior vice-president for U.S. Bank Retail Payment Solutions. “U.S. Bank, an early adopter of mobile banking in the payment space, is committed to investing in new technologies to better serve its customers.”

U.S. Bank is partnering with Monitise Americas, a leader in mobile money solutions, and FIS, the world’s largest global provider dedicated to banking and payments technologies, to use the most advanced financial management technology available to provide this service.

“We are pleased that U.S. Bank is continuing their leadership status in providing robust mobile financial services to the prepaid card market, and we are thrilled that they’ve chosen Monitise Americas as one of their technology partners,” said Soren Bested, managing director, Monitise Americas. “In mobilizing both the ReliaCard and AccelaPay card programs, U.S. Bank is providing capabilities that are typically only reserved for traditional banking customers, thereby revolutionizing the way in which prepaid cardholders are able to manage their finances.”

“The continuing relationship between U.S. Bank, Monitise and FIS is delivering key mobile-focused innovations to consumers,” said Frank D’Angelo, executive vice president, FIS Payment Solutions. “Consumer adoption of both prepaid cards and mobile financial services continues to increase, and we’re proud to be teaming with U.S. Bank and Monitise to bring new capabilities for these financial tools.”

The award-winning U.S. Bank ReliaCard Visa is a prepaid, reloadable card designed to replace costly paper checks for government agencies with recurring cash disbursement activities, such as unemployment, child support, or workers compensation distributions. Cardholders can use the ReliaCard everywhere Visa debit cards are accepted worldwide, as well as most ATMs.

ReliaCard was named “Best Government Program” by Paybefore Magazine in 2010. In 2011, Paybefore awarded the AccelaPay mobile banking service “Best in Category for Virtual or Mobile Prepaid Application.”

U.S. Bank Retail Payment Solutions (RPS) is one of the nation's leading providers of payment processing, issuing and advisory services. RPS offers credit, debit and prepaid payment solutions to consumers and small businesses through U.S. Bank and in partnership with financial institutions, businesses, governments and employers.

About Monitise Americas

Monitise Americas is a joint venture between FIS™, the world's largest providers of banking and payments technology, and Monitise plc (MONI.L), a specialist in mobile banking and payments technology. Monitise Americas provides mobile banking and payment services to North American financial institutions predicated on an "ecosystem" principle, which allows multiple mobile carriers and financial institutions to deliver services over a single platform. Current partners of Monitise Americas include FIS, NYCE, Everlink, Corporate Network eCom, and eCommLink. For more information on Monitise Americas and details of how to benefit from participating in its cross-America ecosystem, please visitwww.monitisegroup.com/americas.

About FIS

FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is ranked 426 on the Fortune 500, is a member of Standard & Poor’s 500^® Index and consistently holds a leading ranking in the annual FinTech 100 list. For more information about FIS, visit www.fisglobal.com.

About U.S. Bank

U.S. Bancorp (NYSE: USB), with $311 billion in assets as of March 31, 2011, is the parent company of U.S. Bank, the fifth largest commercial bank in the United States. The company operates 3,082 banking offices in 25 states and 5,238 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp and its employees are dedicated to improving the communities they serve, for which the company earned the 2011 Spirit of America Award, the highest honor bestowed on a company by United Way. Visit U.S. Bancorp on the web at www.usbank.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6788729&lang=en

Contacts

U.S. Bank
Teri Charest, Media Relations, 612-303-0732
teri.charest@usbank.com
or
Monitise Americas
Rebecca Warzycha, 401-305-5211
rebecca.warzycha@monitisegroup.com
or
FIS
Marcia Danzeisen, 904-854-5083
marcia.danzeisen@fisglobal.com

Related articles

• Banks speed adoption of mobile banking apps (nfcdata.com)

Regions Bank Selects ZashPay from Fiserv

July 11, 2011 09:00 AM Eastern Daylight Time 

Regions Bank Introduces Personal Pay to Send and Receive Electronic, Person-to-Person Payments
New Payment System, powered by ZashPay^TM from Fiserv, allows customers to pay friends, family and others using an email address or mobile phone number

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank (NYSE:RF) now offers its customers a new way to make person-to-person payments: Regions Personal Pay^SM, powered byZashPay from Fiserv. The new service allows checking and money market customers who use Regions Online Banking to send or receive money from anyone who has a U.S. bank account.

“Increasingly consumers are looking, not toward third-party providers, but toward trusted financial institutions for this type of person-to-person payment option”

Using Regions Personal Pay is a simple, convenient way to make payments to someone – without the need for cash or writing a check. Once enrolled, all that’s required for a customer to send a payment is a recipient’s email address or mobile phone number.

“Regions Personal Pay is a reliable solution to pay friends, family or others for everything from a lunch, to sending money to a child in college, to fundraisers, gifts and more,” said Chris Cox, head of Regions eBusiness. “In addition to being easy-to-use, Personal Pay uses state-of-the-art security and encryption on every transaction, giving customers both the reliability and stability of Regions behind their transactions and the convenience of a new valuable service at their fingertips.”

Customers can access Personal Pay from the Payments section of Regions Online Banking. Recipients of funds are alerted via email or text about claiming their payments, and the sender receives an email confirmation once a payment is made. Funds can be deposited in as little as one business day.

“Increasingly consumers are looking, not toward third-party providers, but toward trusted financial institutions for this type of person-to-person payment option,” said Tony Catalfano, Fiserv division president for electronic payments. “ZashPay, backed by more than 25 years of experience handling secure online payments, provides a network for consumers to send money to any one of millions of people with a bank account in this country.”

Current Regions Online Banking customers are automatically enrolled in Personal Pay – which allows them to both make payments and be immediately enrolled to receive them. While there is a nominal $1 fee to send payments, there is no charge to receive funds.

Regions Personal Pay is part of the ZashPay network, which already boasts more than 700 financial institutions and more than a million registered users in its person-to-person (P2P) service. For non-Regions customers, the one-time, free enrollment with ZashPay allows them to receive payments through the system automatically.

About Regions Financial Corporation

Regions Financial Corporation, with $132 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,800 banking offices and 2,200 ATMs. Its investment and securities brokerage trust and asset management division, Morgan Keegan & Company Inc., provides services from over 300 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.

Contacts

Regions Financial Corporation
Mel Campbell, 205-264-4551

Related articles

• Safer Online and Mobile Banking In the Works (nfcdata.com)
• Mobile Banking Applications for Smartphones Launched by UCCU (nfcdata.com)

Signbox Unveils Enlighten Smart Poster Range with NFC Technology

Signbox has unveiled Enlighten, a revolutionary smart poster system that features NFC (Near Field Communication) technology.  Enlighten is aimed at brand and campaign owners keen to explore the benefits from enhanced customer engagement through new proximity marketing.  With the ability to communicate with people via their NFC enabled smart phones, Enlighten provides a range of tailored and customised messages including promotional offers and wayfinding information.

11 July 2011 – Signbox has unveiled Enlighten, a revolutionary smart poster system that features Near Field Communication (NFC) technology and is changing the way people navigate and interact with the brands and marketing messages that surround them.

Enlighten provides a unique, interactive wayfinding and information experience for people who carry NFC-enabled smart phones which communicate with a tiny NFC chip embedded within the smart poster and enable data to be transferred from the poster straight to the handset with a simple, close proximity swipe.

Following recent extensive media coverage of NFC mobile wallet capability, this groundbreaking technology is presenting new proximity marketing opportunities for brand owners, campaign managers, retailers and other advertisers. Enlighten smart posters can send tailored, relevant information to a smart phone handset in seconds. With the potential to introduce new products, incentivise purchase, inspire potential customers and engage with them more intuitively; the immediacy of proximity marketing is undeniably appealing with a powerful capacity to welcome, direct, inform and interact with visitors and nearby footfall through a sophisticated poster display.

The look and feel of the Enlighten range from Signbox – recently awarded the accolade of ‘Best Sign Company of the Year’ – is characteristically stylish. Adding to an unrivalled portfolio of display and wayfinding signage, Enlighten will appeal to forward thinking organisations seeking to exploit advanced marketing techniques.

With ultra-bright, energy efficient LED illumination and just 20mm thick, Enlighten displays back-lit media within an internal signage system embedded with rare earth magnets and an edge-to-edge acrylic face that looks and feels like glass. Enlighten is remarkably easy to maintain with a warranted life of 50,000 hours. It is available from A4 to A1 size formats and the standard black or white mount can be tailored to match a corporate colour and branded to order. A weatherproof version for external use will follow shortly.

For further information about the Signbox Enlighten smart poster system or to view the full range of innovative wayfinding, architectural and display signage solutions visit www.signbox.co.uk.

- ends -

Issued on behalf of Signbox Limited by Next Step Marketing Ltd

Media enquiries to: Heather Lambert

Tel:  44 (0)1256 472020
Fax:  44 (0)1256 471010
Email: heather@nextstepmarketing.co.uk

About Signbox

Drawing on architectural and engineering experience, Signbox develops high quality, sustainable and fully compliant signs for the built environment.  Signbox is an innovative company creating future-proof products for a wide range of market sectors, including corporate, education, healthcare, retail, hotel and leisure.  As a single-point resource Signbox offers consultancy, signage strategy, design, manufacture, project management and installation.

Related articles

• Rumor Reloaded: Apple May Launch iPhone 5 in October (epaymentnews.2blog4.com)
• Here's what I'd like to see in next iPhone (nfcdata.com)
• Google Alert - "NFC Mobile" (epaymentnews.2blog4.com)
• Spendvision launches NFC management module (epaymentnews.2blog4.com)

WSJ: Mobile Banking Gets Riskier

From the Wall Street Journal:

You Can't Beat the Convenience—But It Comes With Privacy and Other Threats

By MIRIAM GOTTFRIED

"Digital wallets" that let consumers pay with the swipe of a smartphone could make the plastic credit card obsolete. But the technology also could chip away at consumers' privacy—and tempt them to spend more than they otherwise would. Using a technology known as "near-field communications," or NFC, consumers will be able to buy items simply by passing their phones in front of a sensor at the checkout counter. Though NFC isn't available in many phones yet, a number of companies, including Google Inc., are close to rolling out programs.By 2014, 70% of U.S. consumers will have smartphones and 52% of those will be NFC-capable, according to estimates by payment consultancy Mercator Advisory Group. 

Related articles

• Mobile Banking Gets Riskier (allthingsd.com)
• Mobile Banking Gets Riskier (nfcdata.com)
• Smartphone pay systems on hold after a setback in a recent trial (nfcdata.com)
• How mobile phones and NFC are becoming the new credit card (nfcdata.com)
• The Samsung Nexus S 4G Smartphone: Light, Thin Smartphone Curveball (nfcdata.com)
• Here's what I'd like to see in next iPhone (nfcdata.com)

Tempo to Cease Operations July 15th after 11 years

From CSP Tempo Terminates QuikTrip Card Services Ends branded debit card relationship with Tulsa-based retailer By Greg Lindenberg

SAN MATEO, Calif. -- Tempo Payments Inc. will cease operations on July 15, abruptly ending the decoupled debit network services it offered to QuikTrip Corp., according to a report by The Wichita Eagle. The Tempo web-based program enabled merchants to offer personalized debit cards and offered a web portal for consumers to apply for and activate cards, along with detailed purchase and rewards records. Mike Thornbrugh, spokesperson for Tulsa, Okla.-based QuikTrip, told CSP Daily News, "We were notified by Tempo that they were going to cease operations July 15. Tempo has sent out a letter to all those that had cards [telling them that all rewards] would be honored." The failure, though, does not necessarily mark the end of QuikTrip's move into branded debit cards. "The program worked for us," Thornbrugh told the newspaper. "We'll regroup and try to figure out another method. ... Something that's long-lasting, verifiable and saves our consumer some money is something we're all for." He would not commit absolutely to replacing the card with a similar product. "We'll just take our time and look for another potential opportunity," he told CSP Daily News. "We're not going to latch onto the first that's out there; like we always do, we'll do our due diligence and see what makes sense. We'll go back to the drawing board and look at all the options out there--that may be one option." QuikTrip joined the Tempo Payment Network in 2007. Starting in the second quarter of 2007, it began a phased rollout of the card. In August 2010, QuikTrip is expanding its QuikTrip Rewards Debit Card program, using Tempo's affinity debit-card platform and re-issuing the cards with Tempo partner First Bank & Trust of Brookings, S.D., part of Fishback Financial Corp. Tempo-powered affinity debit cards linked to consumers' existing checking accounts and could be used everywhere Discover cards are accepted. The QuikTrip Rewards Debit Card provided consumers with a fuel purchase discount of five cents per gallon at QuikTrip for the first 90 days after activation and two cents per gallon thereafter. The card also provided quarterly cash-back rewards for purchases made at merchant locations outside of QuikTrip. According to press materials, Tempo enables organizations to offer affinity and co-branded debit cards to their customers, providing retailers a low-cost alternative to Visa and MasterCard. The open-loop cards are rewards based, partner branded and linked to the consumer's existing checking account. The partners benefit by generating new revenue and building loyalty through the delivery of enhanced cardholder value. The company operates the Tempo Payment Network, a PIN-based payment network for retailer-issued and branded debit cards. Founded in 2000 with a commitment to lowering interchange fees for card transactions and generating revenue for card-issuing retailers, the company is privately held and headquartered in San Mateo, Calif. Other industry clients have included Sheetz and ARCO. Messages left with Tempo seeking comment were not returned by press time. QuikTrip is a privately held corporation based in Tulsa, Okla. The company operates approximately 575 c-stores in nine states.

Critical Security Flaw Exposed on iPhone (and iPad) Exposes Online Banking Passwords

Apple’s App Store Breaks Records, Others Break Security

According to Forbes, Apple’s App Store platform is expected to surge with apps and e-books at a rate of 39 percent over the next three years, reaching an estimated $13 billion in revenue by 2013.  After debuting in 2008, users have downloaded 15 billion apps. There are now more than 200 million iOS devices worldwide, each with an average of 75 apps. In total, more than 425,000 apps are currently available in the App Store.

However, the Apple’s popularity has made it a target among hackers. The company acknowledged a security flaw in iOS, allowing attackers to infect users’ devices with malicious software and give them administrative privileges.

Hackers may gain access to information like passwords, online banking data, e-mail and contact information, as well as intercept calls.

July 7th 2011 "Apple takes security very seriously; we're aware of this reported issue and developing a fix that will be available to customers in an upcoming software update," said Alan Hely, senior director for corporate communications in Apple's London office, in a statement. The security flaw allows attackers to infect users' iOS devices with malicious software that would give them administrator privileges just by displaying infected PDF files. The Cupertino, Calif.-based company says it will address the security concern in a forthcoming update. 

Related articles

• Hackers expose flaw in Apple iPad, iPhone software (arturodetexas.wordpress.com)
• Apple finally admits iPhone and iPad have a security flaw (theinformativereport.com)
• iPad, iPhone Flaws that Allow Jailbreaks also Invite Malware (pcworld.com)
• NUTS: Hackers Target Government, Apple and Samsung Continue Battle (businessinsider.com)
• Critical Flaw Found On iDevices (origin-www.trustedreviews.com)
• Security holes discovered in iPhones, iPads (sfgate.com)
• NUTS: Hackers Target Government, Apple and Samsung Continue Battle (blogs.forbes.com)
• Hackers expose flaw in Apple iPad, iPhone software (canada.com)
• Germany issues alert over iOS jailbreak; Apple promising fix (digitaltrends.com)

mCommerce Report Reveals Key Findings in Consumer Purchasing Behavior Among Mobile Shoppers

 July 11, 2011 09:40 ET

Myxer's BoomBox mCommerce Report Reveals Key Findings in Consumer Purchasing Behavior Among Mobile Shoppers

Survey of 2,400 Mobile Visitors to m.myxer.com Shows That 53 Percent Made Purchases From Their Mobile Phone With 19 Percent Saying They Made Between 2 and 5 Purchases a Month

MIAMI, FL--(Marketwire - Jul 11, 2011) - Myxer, a mobile technology company that operates the largest ad-supported mobile entertainment site in the U.S., today released the Myxer Q2 BoomBox Report on mCommerce revealing key findings in consumer's purchasing behavior among mobile shoppers. The report reinforces consumer's increasing reliance on smartphones for communications, entertainment, information and increasingly, shopping.

Based on a survey of 2,400 mobile visitors to m.myxer.com, 53 percent responded that they had made a purchase from their mobile phone. The largest group, 19 percent, said they made between 2 and 5 purchases a month. Surprisingly, 16 percent said that they make more than 10 purchases a month. Other key findings include the following:

Mobile Payments

• Taking a closer look at the 53 percent who said they did indeed make purchases from their phone, 31 percent said they preferred to have their mobile purchases charged to their mobile phone bill while 18 percent said they preferred to pay by credit card.
• Broken down by age, younger mobile consumers clearly preferred paying on their phone bill. In the 18-24 year old age range, 38 percent preferred charging their phone bill, while only 14 percent preferred paying by credit card.
• In the 35-54 age range, the credit card was the preferred method of payment at 28 percent versus 23 percent for paying by phone bill. It is also interesting to note that within Android users who purchased, 27 percent preferred to use their credit card.

Music leads the charge for purchased mobile content

• The report also revealed that music stood out as the clear leader of products being bought, representing 68 percent of mobile purchases.
• 5 percent of respondents who bought from their phones said they purchased physical items to be delivered, and another 5 percent said they purchased other digital content.
• With music the dominant item purchased, it was not surprising to see that the largest group, 37 percent, spent less than $5 on their individual mobile purchases.
• The second largest group, 26 percent, opened their mobile wallets to spend more than $20 per mobile purchase.

Shopper Confidence

• Respondents also said they were happy to shop from a variety of merchants with 40 percent purchasing from 2-4 vendors in the past month.
• 24 percent purchased from 5 or more vendors and 12 percent purchased from 10 or more vendors.

mCommerce Drivers

• Convenience was the top response with 37 percent of the purchasers.
• Price was second with 24 percent of the mobile shoppers.
• A close third at 22 percent was those who shopped from their mobile because of the "cool factor." When looking at just Android users, "convenience" was the top reason for mobile shopping, with 45 percent of Android users citing it.

"With a large and active mobile audience, Myxer has the opportunity to conduct mobile surveys to help us capture the pulse of mobile consumer behavior," said Andrew Coury, data analyst, Myxer. "The BoomBox mCommerce report shows that direct mobile purchases should continue to be an exciting area of industry wide growth."

To download a copy of the full report, or subscribe to the newsletter, please visit: http://boombox.myxer.com

About Myxer
Myxer is a leading mobile technology company and operator of Myxer.com, the definitive source for free, ad-supported mobile media content across the web and mobile devices. Founded in 2005, the company has been a pioneer in mobile, establishing an early presence in the space as a free content download resource and growing into one of the 10 largest mobile destinations in the U.S. To date, more than 47 million users have downloaded 2.5 billion items including MP3s -- full-track songs and albums -- ringtones, music videos, wallpaper images, apps, games and more, across all major phone operators and carriers. In addition, Myxer offers access to its content through dedicated mobile apps available in Apple's iTunes App Store, the Android Market and BlackBerry App World.

Myxer is a registered trademark. Myxer operates websites including www.myxer.com and m.myxer.com