On March 27th, the Federal Reserve Board published the results from its second Survey of Consumers' Use of Mobile Financial Services. The use of mobile phones to access a bank account, credit card, or other financial accounts became more prevalent in the Unites States last year. As of November 2012, 28 percent of all mobile phone users and 48 percent of smartphone users had used mobile banking in the past 12 months. This is a significant increase from 21 percent in December 2011 for mobile phone users and 42 percent for smartphone users. While relatively less common, the use of mobile phones to make payments at the point-of-sale increased threefold over the same period, with 6 percent of smartphone owners having used their phone to make a purchase. Federal Reserve Board Press Release.