Mobile Payment

From Wikipedia, the free encyclopedia

Mobile payment is paying for goods or services with a mobile device such as a mobile phone, Personal Digital Assistant (PDA), or other such device. They can be used in a variety of payment scenarios. Typical usage entails the user electing to make a mobile payment, being connected to a server via the mobile device to perform authentication and authorization, and subsequently being presented with confirmation of the completed transaction.

[edit] See also

• Electronic money
• Financial cryptography
• Mobile phone micropayment
• Mobile FeliCa
• SEMOPS
• Simpay
• Near Field Communication

[edit] External links

• "Mobile Payment: A journey through existing procedures and standardization initiatives",Stamatis Karnouskos, IEEE Communications Surveys & Tutorials, Vol. 6, No. 4, 4th Quarter 2004.