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Home  > Business/Finance  >  Financial Services  >  Electronic Transactions

Mobile Channel Usage Forecast: Setting the Stage for Revenue Opportunities


Published Date: January 2008
Published By: Javelin Strategy & Research
Page Count: 22
Order Code: R3424-54
 
DescriptionTable of ContentsSearch Inside
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Overview
Primary Questions
Findings and Analysis
The Mobile Channel Builds Relationships Now, Revenue in the Future
Adoption Forecast Is Promising for Banks and Credit Unions
Delaying mobile channel releases results in a missed opportunity to capture
early adopters
Where does the strategic value of the mobile channel lie?
Mobile as a Relationship Building Channel
Increased customer satisfaction and loyalty tied to expanded usage of services
Mobile banking can divert customers from costly call centers
Individualized, behavioral-based cross-selling possible through mobile
Limiting Mobile Access to Online Bankers Hinders Overall Adoption
Remote channel usage and the link to more profitable customers
Direct Revenue from Mobile Payments Requires Channel Adoption First
Challenges to the development of mobile contactless payments
Appendices—Additional Data about Mobile Banking
Methodology
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